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Thursday, May 16, 2024

EA set to hike battery production capacity

Firm allots B10bn to growing businesses

EA’s battery manufacturing facility in Chachoengsao.

SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, plans to increase its EV battery manufacturing capacity to 8 gigawatt-hours a year to serve the growing EV market in Thailand.

The company’s battery factory in Chachoengsao was initially set up with a capacity of 1GWh and is now…

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