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On January 15, EVE Energy’s wholly-owned subsidiary, EVE Energy Malaysia, signed a MOU with INVEST KEDAH BHD (hereinafter referred to as “Invest Kedah”) in Huizhou, China. Both parties plan to establish EVE Energy Storage Company (Malaysia) and acquire a new plot of land for the construction of an energy storage facility, aiming to meet the growing demand for energy storage in Malaysia.

As a leading global lithium battery manufacturer, EVE Energy has consistently pursued an international strategy for global expansion. Southeast Asian countries, with their large populations and rapid economic development, have seen an increasing demand for electric vehicles and green energy in recent years. EVE Energy has been actively expanding its presence in Southeast Asia, as evidenced by the following developments:

On December 28, 2023, EVE Energy Singapor was officially inaugurated in Marina Bay Financial Centre (MBFC) in Singapore.

On November 22, 2023, EVE Energy successfully held a signing ceremony for a three-party cooperation agreement with PT Energi Kreasi Bersama and Shenzhen GWKC Energy Technology Co., Ltd.

In July 2023, EVE Energy signed a MOU with Energy Absolute Public Company Limited (EA Group), a Thai company. The two companies plan to jointly establish a joint venture in Thailand to build a battery production facility with a minimum capacity of 6GWh per year.

In May 2023, EVE Energy’s wholly-owned subsidiary signed a MOU for the purchase of land for the Malaysia factory with PEMAJU KELANG LAMA SDN.BHD.

Source: WeChat Official Account—鑫椤锂电

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