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.

SUBHEADLINE: The Chinese EV battery company takes another firm step towards 2022 IPO.

Partnership will combine the strengths of both parties on cell manufacturing, cathode active materials and battery recycling to accelerate global progress towards carbon neutrality

According to the data from SNE Research, a South Korean market research institution, SVOLT ranked tenth on the TOP10 list of global EV battery manufacturers installed capacity in August.

On September 16, the 11th Western China Investment Briefing and Economic Cooperation Project Signing Ceremony was held in Chengdu. Leaders and famous enterprises from the National Development and Reform Commission and 10 western provinces, autonomous regions and municipalities attended the event, and 11 representative projects were signed on site.