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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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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.

Malaysia 199
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

Green Car Congress

The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. 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.

Energy 199
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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

Malaysia 195
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

Green Car Congress

The first half of 2021 has seen a tidal wave of announcements of new electrodeposited copper foil mill projects, as well as second- and third-phase expansions at existing mills, according to market consultancy Roskill. The majority of the projects are targeted at making copper foil for lithium-ion batteries to meet demand from EVs.

Malaysia 225