Will Malaysia build a lithium-ion battery factory?
In December last year, China-based lithium battery maker Eve Energy announced plans to build a manufacturing facility in Malaysia, which it said would allow it to produce 21700-format cylindrical lithium-ion batteries to support electric two-wheeler and power tool manufacturing enterprises in the country as well as across the region.
Why is EVE Energy establishing a cylindrical battery production base in Malaysia?
The establishment of EVE Energy’s cylindrical battery production base in Malaysia will help to supply high quality batteries to companies in the country and Southeast Asia.” EVE was established in 2001 and listed in 2009.
Can Eve spur the growth of cylindrical lithium battery industry in Malaysia?
In welcoming EVE to spur the growth of cylindrical lithium battery industry in Malaysia, Datuk Wira Arham Abdul Rahman, Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), expressed, “We are delighted to have EVE setting up its manufacturing operation in Malaysia.
Where is EVE Energy Malaysia's New cyclical battery factory located?
Now, construction of the facility is set to begin, with the company – through its subsidiary Eve Energy Malaysia – having held a groundbreaking ceremony for the new factory, which will be located in Kulim, Kedah as part of the International Cylindrical Battery Industrial Park in the area.
Where does Eve Energy manufacture lithium batteries?
Eve Energy has commenced production at its Malaysian facility, marking a significant milestone for the Chinese lithium battery manufacturer in its international expansion efforts. On February 16, the company announced that the first battery unit successfully rolled off the assembly line at Eve Energy’s inaugural overseas plant.
What is EVE Energy doing in Malaysia?
Eve Energy plans to set up an energy storage company in Malaysia and acquire new land parcels to begin construction of an energy storage plant. (Image credit: Eve Energy) Chinese lithium battery maker Eve Energy will build a new affiliate in Malaysia targeting the energy storage market, expanding its presence in the Southeast Asian country.
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