THAILAND ENTERS MEGAFACTORY SCENE

Thailand entered Benchmark’s Lithium Ion Battery Megafactory Tracker in Q3 2018 as megafactory in the pipeline exceeds 100 for the first time.

Benchmark Minerals’ Lithium Ion Battery Megafactory tracker added its first Thailand-based battery factory in Q3 as Thai energy company Energy Absolute (EA) reaffirmed plans to enter the scene with a $3 billion investment in domestic battery production.

EA plans to build a 50 GWh megafactory in Chachoengsao, Thailand, approximately 50 miles east of the capital Bangkok.

EA will begin with a phase one capacity of 1GWh, which it expects to come online in 2020. However, the . . .


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