BANGKOK -- Thailand's Board of Investment on Thursday said it had approved a more than $1 billion plan by China's Sunwoda Electronic to build an electric vehicle battery plant, as the Southeast Asian nation drives to bolster its position as a regional auto hub.
Electric vehicles
China's Sunwoda to invest $1bn in Thai EV battery plant
Move comes as Southeast Asian nation looks to accelerate electric car output
A worker checks parts at a Sunwoda Electronic battery factory in China's Nanjing in 2021. © AP
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