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

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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

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

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

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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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Thailand’s EV industry growing rapidly

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The Thailand Board of Investment announced that Thailand has received more foreign direct investment supporting the country’s growing electric vehicle production ecosystem. The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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

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The thinner the foil is, the more active material can be loaded into the electrode, which reduces battery weight, increases battery capacity, and minimizes manufacturing costs and environmental impact. To that end, cutting-edge process control technology and highly competitive production facilities are required.

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Mazda more than tripling gasoline and diesel SKYACTIV engine production capacity at powertrain plant in Thailand

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Mazda Motor Corporation will increase the annual production capacity of the engine assembly plant at Mazda Powertrain Manufacturing (Thailand) Co., The company also announced a plan to construct a new engine machining factory with production capacity similar to that of the engine assembly plant. Mazda is investing ¥22.1

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