Samsung SDI Energy Malaysia Invests RM7 Billion for its First EV Battery Cell Manufacturing Facility in Malaysia

NEGERI SEMBILAN, Malaysia, July 21 (Bernama) — Samsung SDI Energy Malaysia Sdn. Bhd. (“Samsung SDIEM”) scored a significant milestone today with the opening of its Phase Two EV battery cell manufacturing facility in Seremban. The cumulative RM7 billion investment (Phase One: RM1 billion and Phase Two: RM6 billion), is injected by the company in opening its first production location in Southeast Asia and the first EV battery cell facility in Malaysia. 
 
The momentous ground-breaking ceremony was graced by the Prime Minister of Malaysia Y.A.B. Dato’ Sri Ismail Sabri Yaakob, as well as Menteri Besar of Negeri Sembilan Y.A.B. Dato’ Seri Haji Aminuddin Bin Harun, Ambassador of the Republic of Korea to Malaysia His Excellency Lee Chi Beom, together with Deputy Chief Executive Officer (Investment Development) of the Malaysian Investment Development Authority (MIDA) Ms. Lim Bee Vian, and President and CEO of Samsung SDI Co. Ltd. (South Korea).Mr. Yoon Ho Choi.

http://mrem.bernama.com/viewsm.php?idm=43709

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