Greensky Opens $120M BLDC Motor Plant in Thailand EEC, 2026

In Thailand EEC Greensky Power Breaks Ground on State-of-the-Art Motor Manufacturing Facility

.​BANGKOK, Thailand​​—June 23, 2025—Greensky Power, a global leader in energy-efficient brushless DC (BLDC) and stepper motors, today announced the groundbreaking of its new $120 million advanced manufacturing facility in Thailand’s Eastern Economic Corridor (Thailand EEC). The plant, strategically positioned in the Apex Green Industrial Estate, is slated to commence operations in January 2026. This expansion underscores Greensky’s commitment to strengthening its global supply chain resilience and capturing surging demand across Southeast Asia’s automotive, robotik, and industrial automation sectors.

.​Strategic Investment in Thailand’s High-Growth Industrial Hub​.

The Thailand facility represents Greensky’s largest overseas investment to date. Spanning 13,500 kvadratmeter, the plant will integrate ​​fully automated production lines​​ for BLDC and stepper motors, targeting an initial annual capacity of ​​1.8 million units​.. Key advantages driving this investment include:

1. .​Tariff Mitigation​.: With U.S. solar tariffs exceeding 375% for Thai-manufactured electronics—a precedent impacting industrial equipment—Greensky’s localized production future-proofs export competitiveness for U.S. and EU markets .
2. .​BOI Incentives​.: Thailand’s Board of Investment (BOI) grants corporate tax holidays of up to 8 år, import duty exemptions for machinery, and streamlined permits for foreign-owned manufacturers in high-tech industries .
3. .​Supply Chain Synergies​.: Proximity to Chinese EV battery giants (e.g., BYD, CATL) and Japanese robotics suppliers in the EEC enables just-in-time component sourcing, reducing logistics costs by an estimated 18% .

.​Technological Leadership: Smart Manufacturing and Sustainability​.

Designed as a ​​“Green Factory” benchmark​., the facility will deploy Industry 4.0 technologies to maximize efficiency and sustainability:

• .​AI-Driven Production​.: Machine learning algorithms will optimize motor winding precision and torque consistency, reducing material waste by 22%. Real-time quality control via 3D vision systems ensures <0.01% defect rates .
• .​Renewable Integration​.: Rooftop solar arrays (partnering with Mega Energy Thailand) will generate 40% of the plant’s energy, aligning with Thailand’s 2037 renewable targets .
• .​Water Recycling​.: Closed-loop filtration systems will cut freshwater consumption by 35%, critical for Thailand’s drought-prone industrial zones.

.​Economic Impact and Workforce Development​.

The project will create ​​850 skilled jobs​​ by 2027, focusing on engineering and automation roles. Greensky has partnered with Thailand’s Ministry of Higher Education to launch:

• .​Technical Training Academy​.: Certified programs in mechatronics and motor design, bridging Thailand’s engineering talent gap.
• .​Reskilling Initiatives​.: Hiring 300 workers displaced by recent solar industry layoffs, providing wage premiums of 25% above regional averages .

.​Market Expansion and Client Benefits​.

Serving as Greensky’s ​​ASEAN hub​., the Thailand factory enables:

1. .​Faster Regional Delivery​.: Lead times for orders from Vietnam, Malaysia, and India will shorten from 45 till 12 days.
2. .​Customization Capabilities​.: Dedicated R&D labs will develop region-specific motors, Inklusive:
   • High-torque BLDC models (upp till 450 Nm) for Thai EV startups.
   • IP69K-rated steppers for Indonesia’s humid assembly environments.
3. .​Cost Savings​.: Localized production cuts landed costs by 14% for ASEAN clients, with IE5-class motors priced from ​**​86.50** (vs. 102 for imported equivalents).

..

CEO Statement: Aligning with Global Megatrends​.

“Thailand EEC is the optimal springboard for Greensky’s next growth phase,” said ​​York Cheng, Grundare & CEO of Greensky Power​.. “Automation demand in ASEAN is accelerating at 19% CAGR, while U.S. nearshoring pushes manufacturers like us to diversify beyond China. Our Thailand plant isn’t just a factory—it’s a commitment to delivering resilient, cost-optimized motor solutions for the age of automation and decarbonization.”

.​Looking Ahead: Phased Rollout and Industry Partnerships​.

• .​Phase 1 (Q1 2026)..: Ramp-up of NEMA 23/34 steppers and 50W-750W BLDC motors.
• .​Phase 2 (2027)..: Expansion into integrated motor-drive systems for collaborative robots.
  Greensky will showcase Thailand-made motors at ​​Automation Thailand 2026​. (Mars, BITEC Bangkok), highlighting collaborations with Delta Electronics Thailand and Siemens ASEAN on smart factory interoperability .

.​About Greensky Power​.

Etablerad i 2010 and headquartered in Hangzhou, Kina, Greensky Power specializes in high-efficiency motion control solutions. Its product portfolio includes:

• .​Brushless DC Motors​.: IE4/IE5-certified models for industrial pumps, VVS, and AGVs.
• .​Stepper Motors​.: NEJ 11 till 34 frames with 0.9°–1.8° precision for CNC and medical devices.
• .​Controllers​.: CANopen/EtherCAT-enabled drives with sensorless control algorithms.
  The company holds IATF 16949 och ISO 14001 certifications, serving clients in 52 länder.

Forward-Looking Statements: This release contains projections subject to risks including supply chain stability, regulatory approvals, and market conditions.