PERAK, Dec 1 (Bernama) — EVE Energy Co., Ltd. (EVE), a China-based lithium battery production company, through its subsidiary EVE Energy Malaysia Sdn. Bhd., is set to build a cylindrical battery production base in Malaysia to support the electric two-wheelers and power tools manufacturing enterprises in the country and across Southeast Asia.
The Company’s significant milestone with a projected investment amounted to USD422.3 million, will enhance its comprehensive competitiveness for the electric twowheeled vehicle and power tool in the global market share. The project will be constructed in phases with a construction period of no more than three (3) years.
