4 Articles
4 Articles
Chinese EV battery maker to invest $1.2 billion in new Malaysian plant Leading Chinese EV battery maker Eve Energy will build its second plant in Malaysia at a cost of $1.2 billion, financing the project with proceeds from a planned Hong Kong listing. The plant will produce batteries for energy storage systems, expanding the company's global footprint.
Eve Energy to Invest $1.2 Billion in New Battery Project in Malaysia
Chinese battery maker Eve Energy plans to invest up to RMB 8.65 billion ($1.2 billion) in a new energy storage battery project in Malaysia, as the company continues expanding its international manufacturing footprint. The announcement was disclosed in a filing to the Shenzhen Stock Exchange on June 27. The new project will be located in [...] The post Eve Energy to Invest $1.2 Billion in New Battery Project in Malaysia appeared first on EVMagz.
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