Wyntron Electric Vehicle Charger Production Expansion Project

Project Dates: December 2022 - March 2025
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 Wyntron Electric Vehicle Charger Production Expansion Project
PROJECT OBJECTIVE

This project supports the expansion of Wyntron’s EV charger production facilities through a $20 million loan for factory acquisition, refurbishment, and equipment procurement.

PROJECT DESCRIPTION

The proposed loan of up to $20 million will support the expansion of Wyntron's Electric Vehicle charger production facilities, including purchase of a factory building (and its refurbishment), and machine and equipment.


SECTORS OR AREAS OF WORK
  1. Energy transition

Region/Location

BUDGET

USD 20,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. ADB - Asian Development Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None
ADDITIONAL INFORMATION

The implementing agency is Wyntron Inc. The government partner is not available. Although the project timeline is confidential, the status has been updated to "closed" in March 2025. More information at https//www.adb.org/projects/56236-001/main


BUDGET

USD 20,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. ADB - Asian Development Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. None