“”Its place in the MalaysiaIt Will Connect the World to Shape the Future sustainable development
KULIM KEDAH, Malaysia, December 20, 2024 /PRNewswire/ — Open December 14, EVE Power (SZSE: 300014), the world's leading lithium battery company, has marked an important step in its global growth strategy to drive sustainable development with the arrival of advanced production equipment at its new facility Malaysia. It is placed inside In the gardenThe factory, of the 53rd company, is ready to be the basis for the production and distribution of the product internationally. Specializing in the production of cylindrical lithium batteries for power tools, cleaning equipment, electric two-wheelers and more, the factory is designed to be a place of technology and production, contributing to the energy transition and the development of low carbon which is very important in the future industry.
“Establishment of EVE Energy's plant in the middle Malaysia it will further strengthen cooperation and exchange between in China and Malaysia in the renewable energy sector,” he said Liu Jianhua, EVE Energy co– founder and CEO. “Malaysian factory boasts high technology and significant production capacity. Once operational, you will be strong EVE Energy's Capabilities in international production, distribution, and collaboration, enabling us to better meet the service needs of our customers worldwide. “
With over twenty years of expertise in the research, development, and production of lithium batteries, EVE Power it has delivered more than 3 billion units worldwide. The company's phenomenal growth has been supported by a wide range of offerings in all conditions, processes and sizes. The Malaysian factory features automated equipment coupled with an industry-leading level of automation, and is on track to produce 680 million batteries per year. In addition, the facility has implemented a digital intelligence management system that covers the entire product life cycle and industrial chain, ensuring product efficiency and product quality. The innovation enables the plant to provide customers with premium battery products.
During the event, EVE Power strategic cooperation agreements with several companies, including Greenworks, Chervon, and JTI, aimed at deepening cooperation and creating a new chapter in cooperation. On behalf of the Malaysian government, YB. Prof Dr. Haim Hilman Bin Abdullah provided EVE Power with a tribute plaque, honoring the company's local center called “Kedah Strategic Partner Industrial Park.”
“The Malaysian factory has achieved a significant milestone with equipment arriving just 16 months after breaking ground. August 2023,” it was announced Vincent WongSenior Vice President of EVE Power. “These facilities are expected to start production in the first quarter of next year EVE Energy's the first plant outside the domestic market to achieve mass production and distribution. The increasing growth in the ASEAN, European, and North American markets is expected to effectively meet the needs of consumers. “
Looking ahead, EVE Power plans to use its resources to improve its technology, productivity, and operational capabilities. The company is committed to gradually expanding its international operations, strengthening its leadership in comprehensive solutions for the cylindrical battery market, and creating additional value for its customers and society in general.
