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On February 27, SVOLT and Banpu NEXT, a subsidiary of the international energy giant Banpu Group signed a Memorandum of Understanding (hereinafter referred to as the “MOU”). This signing follows the establishment of a joint venture factory between the two parties, aiming to innovate their commercial cooperation models and further deepen their collaboration to maintain the leading position of SVOLT Thailand factory in the Southeast Asian region.

On February 28, SVOLT held a Mass Production Ceremony in Thailand to announce the official commencement of production at SVOLT Thailand factory. The products have begun to be delivered in bulk, and will be launched in Thailand market with various new energy vehicle models under Great Wall Motor and Hozon Motor.

On February 27, SVOLT further strengthened its cooperation with Banpu NEXT, a subsidiary of the international energy giant Banpu Group, by signing a Strategic Cooperation Agreement (hereinafter referred to as the "Agreement"). This signing follows the establishment of a joint venture factory between the two parties, aiming to further deepen their localized cooperation and deployment in the fields of energy storage, battery cells, and recycling.

December 20, 2023 - SVOLT Energy Technology Co., Ltd. (SVOLT), a global energy interconnection technology company headquartered in Changzhou, China, joins hands with Banpu NEXT, a leading smart energy solutions provider in Asia-Pacific, held an offline ceremony for its first battery pack product in Sriracha Chonburi, Thailand.

On December 12, the 4th SVOLT Battery Day with the theme of "Let there be Light" was successfully held in Huzhou, Zhejiang Province. Hundreds of attendees from the local government, OEMs, supply chain enterprises, investors and mainstream media witnessed SVOLT's strategic upgrades.

On October 10, SVOLT Energy Technology (Thailand) Co., Ltd. signed a strategic cooperation agreement with Banpu NEXT (a subsidiary of Banpu Group and the largest coal distributor in Thailand) at Changzhou Jintan Headquarters Banpu NEXT will acquire 40% shareholding at SVOLT Energy Technology (Thailand) Co. Ltd. (hereinafter “SVOLT Thailand”).

Bangkok – 5 July 2023 - SVOLT Energy Technology Co., Ltd., an innovative high-tech company specializing in global power battery and energy storage systems, held a momentous groundbreaking ceremony in Chonburi’s Sri Racha, to announce the official commencement of construction for their first module & PACK factory in the country, strengthening their presence in the thriving Southeast Asian market and reflecting the company’s unwavering dedication to cementing their commitment to the thriving Thai EV market.