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Samsung SDI to invest US$1.3B in second battery production facility in Malaysia

Green Car Congress

Samsung SDI broke ground on a second battery production facility in Seremban, Malaysi. billion) investment phase-by-phase until completion in 2025, Plant 2 at Samsung SDI Energy Malaysia (SDIEM) will start mass-production of PRiMX 21700 cylindrical batteries (21mm X 70 mm) in 2024. With a total of 1.7 trillion won (US$1.3

Malaysia 199
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Tesla gets approved to import its vehicles to Malaysia

Teslarati

Tesla’s application to import battery electric vehicles (BEV) into Malaysia has been approved by the Ministry of International Trade and Industry (MITI). With its entrance into Malaysia, Tesla would be establishing a head office, experience centers, and service centers across the country.

Malaysia 145
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Volvo Trucks starts selling electric trucks in Malaysia

Electric Cars Report

Volvo Trucks has now started sales of heavy battery electric trucks in Malaysia. Volvo is the first manufacturer to offer zero exhaust emission trucks in this market. Volvo Trucks is continuing its entry into new markets with its battery electric truck offering.

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Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

Green Car Congress

billion) through 2028 to boost production of copper foil for EV batteries, the company said. trillion KRW (US$2-billion) acquisition of electric foil manufacturer Iljin Materials, and changed Iljin’s name to Lotte Energy Materials , in a bid to boost its battery business. In March, Lotte completed the 2.7-trillion

Malaysia 195
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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

Green Car Congress

Hanwha Group and LG Energy Solution (LGES) will invest in building battery production facilities in the United States. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

Green Car Congress

Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. The geology and hence mining at Butcherbird are simple, according to the company.

Australia 387
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Thailand’s EV industry growing rapidly

Green Car Congress

According to the Electric Vehicle Association of Thailand, the number of companies that are part of Thailand’s electric vehicle industry has risen significantly since 2015, from 76 to 420 in 2019. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.