Hong Seng inks MoU with EoCell for EV batteries

Hong Seng Consolidated Bhd managing director Datuk Seri Teoh Hai Hin

KUALA LUMPUR: Hong Seng Consolidated Bhd has has entered into a memorandum of understanding (MoU) with EoCell Inc to develop a regional manufacturing hub in Malaysia, to manufacture batteries for electric vehicles (EV) and progress to energy storage solutions (ESS).

EoCell, based in Silicon Valley, California, is a research and technology company specialising in the design and development of high-energy nano-silicon anode materials and non-flammable electron technologies for advanced silicon and solid-state batteries.