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

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During the first half of 2021, wafer fab capacity constraints were causing the greatest disruption and getting the most attention as the “semiconductor shortage” affecting automotive production. Assembly and test locations are concentrated in China, South Korea, Japan, Singapore, Philippines, Indonesia, Thailand, Vietnam and Malaysia.

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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 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.

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Mazda3 global production reaches 5M units

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Mazda Motor Corporation announced that the total production volume of the Mazda3 (known as Mazda Axela in Japan) reached five million units at the end of April 2016. It is the second Mazda to reach five million units of production, following the Mazda Familia. It is manufactured at the Hofu Plant in Japan, Changan Mazda Automobile Co.,

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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.