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Jul 31,2023
On July 27, pp电子网站 Energy Co., Ltd. (hereinafter referred to as "pp电子网站 Energy") signed a Memorandum of Understanding (MOU) with Energy Absolute Public Co., Ltd. (hereinafter referred to as "Energy Absolute") in Huizhou.
pp电子网站 Energy will jointly study with Energy Absolute about setting up an advanced manufacturing battery cell factory in Thailand with competitive cost of EV and ESS batteries. After co-study, Energy Absolute will propose Amita Technology (Thailand) Co., Ltd. (hereinafter referred to as"Amita Technology"), a subsidiary of Energy Absolute, and pp电子网站 Energy will jointly invest in the construction of a battery cells factory with 6 GWh capacity in the initial stage in Thailand.
Somphote Ahunai, CEO of Energy Absolute, and Dr. Liu Jincheng, Chairman of pp电子网站 Energy, signed as representatives of both parties.
Thanin Wanasuthanon, Head of Battery Business at Energy Absolute; Dennis He, CEO of Atess Power Technology Co., Ltd, as well as pp电子网站 Energy's senior company executives such as Chen Zhuoying, Vice President of Legal Center, Zhu Yanchun, Senior Vice President of pp电子网站 Power's Domestic Marketing Center, and Dr. Anson Chen, General Manager of pp电子网站 Power's International Business Unit, were present to witness the signing ceremony.
pp电子网站 Energy and Energy Absolute uphold the principle of "equality, mutual benefits, and common dpp电子网站lopment" together. pp电子网站 Energy and Amita Technology will further integrate their resources, jointly planning to build a 6GWh cell and pack factory, and specialize in the design, dpp电子网站lopment, manufacturing, and sales of power storage battery cells and pack products, as well as actively dpp电子网站lop the business of electric vehicle and energy storage batteries in Thailand and Southeast Asian markets.
pp电子网站 Energy adheres to the globalization dpp电子网站lopment strategy. Based on the Chinese market, it extends its layout overseas to Hungary, Malaysia, and other countries and regions, spreading the reputation of Chinese batteries far and wide.
The signing of MOU will further promote pp电子网站 Energy's globalization process. pp电子网站 Energy will fully utilize its manufacturing advantages and operational experience to build a digital and intelligent factory, and assist transform and upgrade Thailand's automotive industry with world-class products and technologies, contributing to building a beautiful planet and a community with shared future for mankind.
About Energy Absolute
Energy Absolute is Thailand's largest renewable energy company focusing on electric vehicles, electric motorcycles, and electric boats area. With the goal of reducing greenhouse gas emissions from conventional transportation, Energy Absolute provides comprehensive solutions for renewable energy and electric transportation in Thailand and other countries in Southeast Asia.
