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04 May
17:00

Evlomo, Rojana plan 8-GWh battery factory in Thailand

US-based Evlomo Incorporated is planning to build an 8-gigawatt-hour battery gigafactory in Thailand in partnership with Rojana Industrial Park Public, Kallanish reports. Under the ambitious project announced by Evlomo in a release, the companies will invest $1.06 billion through a new joint venture 55% owned by Rojana, and 45% by Evlomo. Investment at Phase 1 targeting 1 GWh capacity stands at $143 million. The plant will be built on a greenfield manufacturing…
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