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Nuovo Plus Co.
Nuovo Plus Co. builds battery platforms — G-Cell, G-Box, G-Box EV — for vehicles and energy storage across Thailand, Japan, and the US.
Nuovo Plus Co.
Nuovo Plus Co. presents itself as a battery solution provider with dual headquarters in Bangkok and Tokyo, alongside an R&D presence in Palo Alto. The firm's product line spans G-Cell factory output, G-Box energy storage systems, and G-Box EV units, targeting applications from passenger cars and trucks to buses and boats. Its website indicates a focus on integrated hardware, though the ownership structure, founding date, and principal operators are not publicly disclosed. The firm's strategy rests on manufacturing and deploying modular battery platforms rather than acting as a pure-play investor or fund manager. Product offerings divide into mobility applications — passenger cars, trucks, buses, boats — and stationary storage via G-Box systems. In September 2023, Nuovo Plus partnered with DMT to deploy Battery Energy Storage Systems for sustainability projects, signaling active infrastructure-side deployment. No portfolio company disclosures or fund-commitment structures are documented; the firm appears to operate as an industrial-technology company rather than a pooled investment vehicle. Team size and total deployment capital remain undisclosed. In 2024, Nuovo Plus received the Gold AC Star Award for Governance Excellence from GPSC, and participated in a government seminar on low-carbon industry readiness — suggesting growing institutional recognition within Thailand's energy sector. The firm maintains a contact line at +66 2-140-3888 and public email at contact@nuovoplus.com, but lists no named executives, board members, or investment professionals on its public channels. Nuovo Plus is distinguishable from a generic energy-investment firm by its product-centric structure: it manufactures tangible battery hardware and licenses or sells systems to industrial partners, rather than allocating LP capital into third-party funds. This operating-company posture — with factory, R&D, and direct corporate partnerships — places it closer to a specialized industrial OEM than to a family office or asset manager, a boundary definition that remains ambiguous given the lack of disclosed governance or investment mandate.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
Asia
Country
Thailand
City
Bangkok
Corporate office
Bangkok, Thailand
Additional offices
Tokyo, Japan · Palo Alto, CA, United States
Sector focus
Frequently asked questions
What does Nuovo Plus Co. actually build and sell?
Nuovo Plus develops and deploys battery hardware platforms: G-Cell (cell manufacturing), G-Box (stationary energy storage), and G-Box EV (electric-vehicle batteries). Its website lists applications for passenger cars, trucks, buses, and boats, alongside R&D operations.
Does Nuovo Plus operate as an investment fund or an industrial company?
Nuovo Plus functions as an industrial product company — manufacturing and selling battery systems — rather than as a pooled investment vehicle or family office. There is no public disclosure of fund structures, LP commitments, or investment allocations. Its partnerships with DMT and GPSC are operational rather than investment-related.
Who runs Nuovo Plus Co.?
Nuovo Plus does not publicly name any executives, founders, or board members on its website or available corporate disclosures. The firm maintains offices in Bangkok, Tokyo, and Palo Alto, but its governance and management structure remain undisclosed.
What is Nuovo Plus's relationship with GPSC?
In 2024, Nuovo Plus received the Gold AC Star Award for Governance Excellence from GPSC (Global Power Synergy Public Company Limited), a Thai state-affiliated power utility. The award suggests a vendor or partner relationship, though the specific contractual or equity ties are not publicly detailed.
How does Nuovo Plus participate in energy-transition deployment?
The firm partners directly with industrial operators — for example, a September 2023 agreement with DMT to install Battery Energy Storage Systems for sustainability projects — and participates in government-led low-carbon industry seminars. Its deployment model appears to be product-sale and system-integration rather than asset-ownership.
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