In December last year, China-based lithium battery maker Eve Energy announced plans to build a manufacturing facility in Malaysia, which it said would allow it to produce 21700-format cylindrical lithium-ion batteries to support electric two-wheeler and power tool manufacturing enterprises in the country as well as across the region.
In a statement issued by the Malaysian Investment Development Authority (Mida), it said the substantial RM1 billion investment marks a significant milestone in the company's global expansion strategy, towards enhancing its manufacturing capabilities to serve the increasing demand in the lithium-ion battery segment globally.
NanoMalaysia Bhd (NMB) and UMORIE Graphene Technologies Sdn Bhd (UGT) has developed a working prototype of Malaysia’s first graphene-based pouch cell battery to be used in electric vehicles (EV).
KUALA LUMPUR, Malaysia [August 30 August 2024] – Zhuhai CosMX Battery Co Ltd, (SHH: 688772), a global manufacturer of consumer lithium-ion batteries and power lithium-ion batteries, has announced plans to build its first manufacturing plant in Kedah, Malaysia.
YB Dr. Haim Hilman bin Abdullah Kedah State Executive Council Members (Committee Chairman of Industry & Investment, Higher Education and Science, Technology & Innovation of Kedah Darul Aman) said as a pro-business government, Kedah State Government welcomes Zhuhai CosMX to set up their lithium-ion battery factory in Kulim, Kedah.
This full-cell lithium-ion battery with graphene material will be a more efficient storage platform for clean and renewable energy source that will revolutionise the EV industry. The battery’s intellectual property (IP) is jointly developed by NMB, UGT and Universiti Kebangsaan Malaysia (UKM).