Chinese battery maker Sunwoda plans extra $22 mln investment in northern Vietnam plant

Sunwoda, a leading Chinese battery manufacturer, plans to invest an additional $22.5 million in a plant in Vietnam’s northern province of Bac Giang.

This additional funding will raise the project’s total expected capital to $30.2 million, according to Sunwoda’s submission to local authorities for feedback on its environmental impact assessment (EIA).

The company, also a supplier to Apple, received in-principle approval for the project in April 2023 and had made five adjustments to the plan as of February 2025.

The plant spans two hectares in Van Trung Industrial Park, Viet Yen district. It produces lithium batteries for headphones, mobile phones, computers, and other electronic devices, with an annual capacity of over 15.5 million units.

A recent addition to the project includes the production of breast pumps and other personal electric devices, with a planned annual capacity of 600,000 units.

The project will also produce battery management unit (BMU) circuit boards, with a yearly output of 6.64 million units.

At the current stage, the project employs 250 workers. Once fully operational, it is expected to employ around 350 workers.

Renovations of the factory are expected to be completed between April and June 2025, with operations set to begin in June 2025.

At a meeting with the Bac Giang government last July, Sunwoda’s executives revealed plans to invest an additional $300 million at the Yen Lu Industrial Park.

China is currently the biggest foreign investor in Bac Giang province, with total investments exceeding $6.6 billion.