””Its Facility in Malaysia, Will Join the World to Form the Way forward for Sustainable Growth
KULIM KEDAH, Malaysia, Dec. 20, 2024 /PRNewswire/ — On December 14th, EVE Power (SZSE: 300014), a globally main lithium battery firm, marked a big milestone in its international development technique to drive sustainable growth with the arrival of superior manufacturing tools at its new facility in Malaysia. Situated in Kulim, the manufacturing facility, the corporate’s 53rd, is poised to grow to be a cornerstone of its worldwide manufacturing and supply capability. Specializing within the manufacturing of cylindrical lithium batteries for energy instruments, cleansing instruments, electrical two-wheelers and and many others, the manufacturing facility is designed to be a hub of know-how and productiveness, contributing to the vitality transition and low-carbon growth important to the way forward for {industry}.
“The institution of EVE Power’s plant in Malaysia will additional strengthen cooperation and exchanges between China and Malaysia within the renewable vitality sector,” commented Liu Jianhua, EVE Power co-founder and CEO. “The Malaysian manufacturing facility boasts superior know-how and vital manufacturing capability. As soon as operational, it should bolster EVE Power’s capabilities in worldwide manufacturing, supply, and cooperation, enabling us to raised meet the supply and repair wants of our clients worldwide.”
With over twenty years of experience within the analysis, growth, and manufacturing of lithium batteries, EVE Power has delivered greater than 3 billion items worldwide. The corporate’s outstanding development is underpinned by its complete choices throughout a number of situations, techniques, and sizes. The Malaysian manufacturing facility options cutting-edge automation tools coupled with an industry-leading stage of automation, and is on monitor to provide 680 million cylindrical batteries yearly. Moreover, the ability has applied a digital clever management system overlaying all the product life-cycle and industrial chain, guaranteeing each manufacturing effectivity and product high quality. The innovation allows the plant to supply clients with premium battery merchandise.
Throughout the ceremony, EVE Power inked strategic cooperation agreements with a number of corporations, together with Greenworks, Chervon, and JTI, aiming to deepen partnerships and collaboratively forge a brand new chapter. On behalf of the Malaysian authorities, YB. Prof Dr. Haim Hilman Bin Abdullah introduced EVE Power with a plaque of honor, honoring the corporate’s native facility with the designation as a “Kedah Strategic Companion Industrial Park.”
“The Malaysian manufacturing facility achieved a important objective with the arrival of the tools simply 16 months after breaking floor in August 2023,” launched Vincent Wong, Senior Vice President of EVE Power. “The ability is slated to start manufacturing within the first quarter of subsequent yr, turning into EVE Power’s first plant exterior of the house market to attain mass manufacturing and supply. The rising footprint into the ASEAN, European, and North American markets is anticipated to successfully meet buyer calls for.”
Trying forward, EVE Power plans to leverage its advantageous assets to reinforce its know-how, manufacturing, and operational capabilities. The corporate is dedicated to steadily increasing its worldwide operations, reinforcing its management within the complete options of cylindrical battery markets, and creating extra worth for its clients and society at giant.
