BUSINESS

China's Gotion High-Tech Planning To Set Up Plant In Malaysia

22/08/2024 09:58 PM

By Nur Ashikin Abdul Aziz

SINGAPORE, Aug 22 (Bernama) -- Chinese battery maker, Gotion High-Tech Co Ltd (Gotion) is planning to set up a battery pack assembly plant in Malaysia to boost its presence in Southeast Asia, said its senior vice-president and Asia Pacific business unit president, Dr Qian Cheng.

Speaking to Bernama on the sidelines of the 2nd ASEAN Battery Technology Conference (ABTC 2024) here today, he said the project is currently in the discussion stage but remains tight-lipped about the details.

“The battery cells will come from China. For now, it's yet to be finalised so I cannot reveal much,” he said.

The company currently has battery assembly plants in Indonesia and Thailand. Additionally, its first battery cell factory in ASEAN, located in Ha Tinh province, Vietnam, is set to begin production in October. 

Gotion also has eight research and development centres around the world, including in the United States’ Silicon Valley and Singapore.

Qian Cheng said the company is confident about the ASEAN market, especially with the aggressive electrification efforts in the region.

“We are also very interested in setting up cell manufacturing facilities in Southeast Asia. I think now is the time for Asia, especially for the ASEAN region,” he added.

Held from Aug 21-23 in Sentosa, the ABTC 2024 attracted over 320 participants from 16 countries.

The three-day event featured discussions on battery safety regulations, cell-to-pack technologies, and recycling strategies across ASEAN, among others.

The event is hosted by the Singapore Battery Consortium and co-organised by NanoMalaysia Bhd, Thailand Energy Storage Technology Association, Indonesia’s National Battery Research Institute and National Centre for Sustainable Transportation Technology, and the Electric Vehicle Association of the Philippines.

-- BERNAMA

 

 


 


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