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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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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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IHS Markit: supply chain challenges to impact global light vehicle production well into 2022

Green Car Congress

Assembly and test locations are concentrated in China, South Korea, Japan, Singapore, Philippines, Indonesia, Thailand, Vietnam and Malaysia. With the exception of Singapore and Malaysia, the vaccination rates are reported to be less than 6% for many of these countries, according to the Center from Strategic and International Studies.

Light 186
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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 MOU was signed by LGES and three subsidiaries under Hanwha Group—Hanwha Solutions, owner of clean energy manufacturer Qcells, Hanwha Corporation/Momentum and Hanwha Aerospace.

Energy 199
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Hexa Research forecasts $10.96B global rare earth elements market by 2020

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will drive global market growth, resulting in a global rare earth elements market reaching $10.96 Phosphor is essential to manufacture of consumer electronic components such as LCD screens and CRT displays. China, with more than 93% of the global production, was the largest producer of neodymium in 2012.

2020 150
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Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

Green Car Congress

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 Energy Materials is a major copper foil producer and has long-term supply contracts with global battery companies both in Korea and abroad.

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. From January to May 2021, more than a dozen new projects and expansions have been reported globally, Roskill said.

Malaysia 225