2023-06-11 00:31:05
Arun Plus joins forces with CATL to set up a Cell-To-Pack battery factory in Thailand under the framework of an investment of over 3,600 million baht, ready to start production in 2024 at 50,000 units per year. Ready to set a target to increase to 1.5 hundred thousand units in 2030
June 11, 2023 – Mr. Ekachai Yimsakul, Managing Director of Arun Plus Company Limited (Arun Plus), revealed that Arun Plus along with Mr. Ni Zheng, Executive president of overseas car business, and CEO of Japan & Korea affiliate, Contemporary Amperex Technology. Co., Ltd (CATL) signed a joint contract to establish a Cell-To-Pack (CTP) battery factory in the Eastern Special Development Zone. Chonburi Province This is an advanced battery manufacturing technology that directly assembles the battery cells into a pack. No module assembly required. This makes the battery more efficient, with higher energy capacity, lighter weight and higher safety. It reinforces Thailand’s confidence in being the center of EV production in the ASEAN region in the future. In collaboration with CATL, the global leader in EV battery technology
Mr. Ekachai said that this collaboration between Arun Plus and CATL is an important first step in a fully integrated battery business in the future as CATL is a company that covers the entire value chain of battery business. since the procurement of raw materials product research and development battery production to battery recycling As well as other related businesses, Arun Plus is committed to building readiness in terms of infrastructure to support the expansion of the country’s electric vehicle ecosystem. By joining hands with Honhai Precision Industry Co., Ltd or FOXCONN, we established Horizon Plus Co., Ltd. (Horizon Plus) to produce EVs to meet higher demand both within the country and in the ASEAN region.
It will start production in 2024 with an initial production capacity of 50,000 units per year and will increase to 150,000 units in 2030. The establishment of the CTP battery factory this time will help strengthen the said EV factory. and in the future Arun Plus is also exploring the possibility of collaborating with CATL to bring CATL’s battery-related technologies to use in the country, such as electric vehicle battery switching technology. Battery recycling technology CATL’s electric vehicle platform technology (CIIC) and will study ways to become a future battery cell manufacturer.
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