Thursday, 13 April, 2023
Malaysia's Samsung SDI begins construction of $1.3B battery factory
<p>Samsung SDI Co Ltd has started construction on a new 1.7T won ($1.3B) cylindrical battery facility in Malaysia. The facility will be the second for Samsung SDI in Malaysia; the first to produce cylindrical batteries for EV users. As per the statement, the batteries are anticipated to be employed in a variety of applications, including EVs, micromobility, and power tools. Starting in 2024, the factory is anticipated to start making cylindrical batteries.<br /> </p>
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