Samsung SDI Energy to invest RM7bil for a battery factory in Malaysia

By SARBAN SINGH

Samsung SDI Co Ltd (South Korea) president and chief executive officer Yoon Ho Choi

SEREMBAN: Samsung SDI Energy Malaysia Sdn Bhd (SDIEM) will invest some RM7bil to build a state-of-the-art facility to manufacture batteries for electric vehicles (EV) near its existing plant at the Taman Tuanku Ja'afar Industrial Area near here.

The new facility, which is expected to begin operation in 2025, will see the production of some 800 million battery cells a year.

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Samsung SDI Energy , battery , EV , Ismail Sabri Yaakob

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