SVOLT plans to expand production capacity to meet market demand

SVOLT plans to increase its power battery shipments from 24GWh in 2024 to 50GWh in 2025, and increase its energy storage product shipments from 27GWh in 2024 to 60GWh in 2025. The purpose of this expansion plan is to meet the growing market demand. SVOLT hopes to further increase its market share by expanding its production capacity.