Announced on January 16, 2025, Great Wall Motor Thailand plans to introduce diesel internal combustion engines for the GWM TANK and GWM POER product lines in 2025. This initiative is supported by partnerships with 5 key automotive parts manufacturers and distributors: SVOLT, HYCET, NOBO, MIND, and Exquisite. This par

On October 26, multiple sources reported that SVolt Energy Technology would cease its operations in Europe at the end of January 2025. SVOLT was planning battery factories in Heusweiler, and Überherrn, Saarland. The projects were impacted by the weak market for electric vehicles in Europe. SVOLT had already canceled

In an investor update,  Exide Industries Ltd. stated that its agreement with SVOLT also entails helping in setting up the supply chain. Exide will club its volumes with SVOLT volumes. It will be also able to source raw materials competitively with SVOLT sourcing.
Its agreement with SVOLT covers four aspects. It inclu

On May 28, SVOLT Europe announced that it would expand its sales focus and reassess its location strategy, due to the highly volatile automotive market. The company announced it will not go ahead with its Lauchhammer site in Brandenburg as intended and is exploring options for using the Heusweiler site in Saarland fo

On March 5, LION E-Mobility AG announced that SVOLT will develop two new cells directly for LION Smart, a fully-owned subsidiary of LION E-Mobility AG. The first samples are to be delivered to LION in May 2024.
In August 2023, LION E-Mobility AG and SVOLT announced a partnership for NCM (NMX) High Energy as well as L

Announced on February 29, 2024, Banpu NEXT has inked a Strategic Cooperation Agreement with SVOLT to further strengthen their cooperation and development in the fields of energy storage, battery cells, and recycling while also maintaining SVOLT Thailand factory’s leading advantages in the lithium battery industry cov

Announced on February 28, 2024, SVOLT Thailand officially held the battery pack mass running ceremony at the plant in Chon Buri province.
The opening ceremony of SVOLT Energy Technology Thailand’s battery production line was also presided over by the Thai Minister of Industry, Great Wall Motor’s Vice President of Mar

On January 17, Svolt Energy Technology Co., Ltd. announced that it will be supplying 44 kWh lithium-ion phosphate (LFP) battery to the all-new Citroën ë-C3, which will be launching in the spring of 2024.
The ë-C3 is capable of fast charging with a power output of up to 100 kW, allowing its battery to be replenished f

SVOLT Energy Technology Co., Ltd. (SVOLT Energy) announced the holding of the 4th Battery Day in Huzhou, Zhejiang, where multiple new battery products were launched.
Under the SVOLT 2024 Strategy, SVOLT Energy proposed “Full Scenario Short Blade, Comprehensive Evolution” based on the Product Leadership Strategy and m

On December 20, 2023, SVOLT Energy Thailand Co., Ltd. held the first battery pack off-line ceremony at its plant in Sriracha, Chonburi, Thailand. 
The rolled off LCTP battery pack has a capacity of 60 kWh and a claimed battery life of over 500 km. It uses Svolt Energy's L600 series cells that meets the mainstream bat

On November 16, 2023, Banpu Power Public Company Limited (BPP), a Thailand-based international quality power generating company, announced that it posted a net profit of THB 2,099 million and EBITDA of THB 7,460 million in Q3/2023.
Through its 50% stake in Banpu NEXT, BPP has also demonstrated a strong presence in th

On October 24, SVOLT Energy Technology announced that it is evaluating the construction of another 50 GWh battery cell factory.
According to the company, Finland is among the shortlisted locations which include countries both within and outside of the European Economic Area (EEA), due to its significant raw material