EVE Energy completes battery plant expansion in Malaysia

GlobalData

Wed, February 25, 2026 astatine 5:55 AM CST 1 min read

EVE Energy has announced that it has completed the 2nd signifier of operation of its artillery manufacturing works successful Malaysia, according to section reports, arsenic the Chinese shaper continues to grow its overseas accumulation capableness to conscionable increasing demand.

At afloat capacity, the works is designed to beryllium susceptible of producing 684 cardinal prismatic and cylindrical lithium-ion artillery cells per twelvemonth crossed 15 accumulation lines, to proviso the automotive and vigor retention systems (ESS) markets crossed Southeast Asia. The archetypal signifier of the task was completed successful February 2025, with an concern of US 420 million.

EVE Energy confirmed that the further accumulation capableness resulting from the completion of the 2nd signifier of the task gives it much flexibility, improved manufacturing ratio and faster transportation times to determination clients. It besides lays the foundations for aboriginal capableness increases, providing further productivity gains and the accidental to fortify determination proviso chains.

EVE Energy is besides investing EUR 1 cardinal successful Hungary, to physique a works with a accumulation capableness of 28 GWh of 46-series batteries, with operations scheduled to statesman successful 2027 -- targeting increasing European request for battery-powered and hybrid-electric vehicles. The institution is besides investing successful a installation successful the US with an yearly accumulation capableness of 21 GWh of lithium robust phosphate batteries per year, which is scheduled to go operational successful 2027.

"EVE Energy completes artillery works enlargement successful Malaysia" was primitively created and published by Just Auto, a GlobalData owned brand.