Battery business target nets 5-10 gigawatt hours (GWh)

On February 28, 2022, an asset purchase agreement was signed between GPSC and NUOVO PLUS to transfer assets related to production, study, research and development of battery business to NUOVO PLUS. The transfer of assets will be completed in April. The total value is 2,428 million baht to support the growth of the electric vehicle industry and energy storage systems. It aims for battery capacity of 5-10 gigawatt hours (GWh) per year by 2030.

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