By Huang Hai

Jiangsu Highstar Battery Manufacturing Co., Ltd. has continued to accelerate the pace of expanding in the Southeast Asian market. It planned to invest and build a 2.5GWh cylindrical base project in Malaysia. The total investment of the project is about 750 million yuan.

The action will further improve Highstar’s delivery capabilities in related overseas businesses including power tools, home appliances, and energy storage, thereby expanding its global market share.

At the start of this year, Highstar Thailand factory was completed and ready for production. Phase 1 focuses on the production of high-quality lithium battery protection board. In the planning of phase 2, there will be 3 more fully automatic PACK production lines, to meet the increasing order demands of overseas customers.