24
Oct
07:26
EVE Energy Malaysia to invest $422.3m in cylindrical battery manufacturing
Shenzhen-listed leading power battery company EVE Energy has announced that its second-tier subsidiary EVE Energy Malaysia Sdn Bhd will invest no more than $422.3 million in a cylindrical lithium battery manufacturing project.
According to its announcement released on 20 October, the project will be funded by the company's self-raised funds. This manufacturing project will be located in Malaysia. The total construction period will not exceed three years …
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