EVLOMO will develop a 8 GWH lithium battery plant in Thailand’s Nong Yai that will support the demand of energy storage and electric mobility in the country. The battery plant project entails a total investment of USD1.06 billion. A prior memorandum of understanding (MoU) for the development of the battery facility with Rojana Industrial Park Public Company Limited has been cancelled.
The company has concluded the pre-front end engineering and design (Pre-FEED) process for the plant. EVLOMO has finalised sites for a battery facility in the Eastern Economic Corridor’s (EEC) CPGC Industrial Estate. Construction is scheduled to start in first quarter of 2022 and commercial operations of the factory is stated to commence by the second half of 2024.