RM6bil battery factory coming up


An artist’s impression of INV’s new manufacturing plant in Penang. — Photos: Buletin Mutiara

BATTERY manufacturer INV New Material Technology (M) Sdn Bhd will invest RM6.4bil to set up its first-ever manufacturing plant in Penang.

The project at Penang Technology Park@Bertam in Kepala Batas will be overseen by its parent company Shenzhen Senior Technology Material Co Ltd, which is globally renowned for its lithium battery separators.

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