KUALA LUMPUR: Lithium battery manufacturer EVE Energy Malaysia Sdn Bhd inaugurated its new manufacturing facility in Padang Meha, Kedah, which is poised to employ 2,000 Malaysians, the majority in technical field backgrounds.
The facility will serve customers in the power tool and electric two-wheeler sectors across Southeast Asia, Europe, and North America.
Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, chief executive officer of the Malaysian Investment Development Authority (MIDA), congratulated the company on the significant breakthrough achieved in the construction of the Malaysian factory.
"In the face of the increasingly severe challenges posed by climate change, energy transition and low-carbon development will be at the core of future industries. The Malaysian government places great importance on this issue and is moving forward in partnership with EVE Energy Co., Ltd. Together, we are committed to promoting local economic growth and technological innovation while driving Malaysia's energy transition and sustainable development."
Vincent Wong, senior vice president of EVE Energy, said that the Malaysia plant had been completed in just 16 months since the groundbreaking in August 2023, marking significant progress in bringing equipment into the field.
It is anticipated to commence operations in the first quarter of 2025 and will serve as the first overseas factory to achieve mass production and delivery of EVE Energy, he said.
Liu Jianhua, EVE Energy co-founder and chief executive officer, said, "China and Malaysia have been good neighbours and friends for thousands of years and are comprehensive strategic partners. The construction of EVE Energy's Malaysian factory will further promote cooperation and exchange between China and Malaysia in the field of new energy."
He added that once completed and operational, EVE Energy's ability to "manufacture globally, deliver globally, and cooperate globally" will be significantly enhanced, better meeting world demand.