KUALA LUMPUR: Global lithium battery manufacturer EVE Energy Co Ltd today announced the groundbreaking ceremony for its new manufacturing facility with an initial investment of US$422 million (RM1.924 billion) in Kulim, Kedah.
Malaysian Investment Development Authority (MIDA) said in a joint statement that the new factory, which will be EVE’s 53rd, will focus on the production of cylindrical lithium ion batteries to support power tools and electric two-wheelers manufacturing in the country and across Southeast Asia.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
