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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.

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

Green Car Congress

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. Samsung SDI’s decision to construct the second factory in Malaysia comes as a strategy to meet the rising demand for cylindrical batteries recently.

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Malaysia to build massive chip design park: PM – ET Auto

Baua Electric

The project would mark a significant step for Malaysia, which has long been a chip manufacturing hub, with its northern island of Penang home to a number of facilities and is often dubbed the country’s Silicon Valley. The park will be located in Selangor state, he said, without offering any details on costs and timelines.

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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. Lotte Chemical plans to invest up to 3 trillion KRW ($2.3

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

Green Car Congress

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. The two companies will also pursue technology cooperation for developing advanced ESS solutions tailored for commercial, industrial and utility market.

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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.