<ul><li>Sapura Industrial Berhad (SIB) partners with China’s ZZ Tech to manufacture EV battery components in Malaysia, focusing on high-precision storage battery casings.</li><li>The joint venture signifies SIB's expansion into the energy storage and battery ecosystem, with an initial investment of RM18 million and the formation of a new company.</li><li>SIB Ventures will handle corporate, licensing, environmental, and regulatory matters, while ZZ Tech will provide machinery, technical expertise, training, and customer support.</li><li>ZZ Tech, established in China in 2016, specializes in producing structural components for batteries used in new energy vehicles and energy storage systems.</li></ul>

Sapura Industrial announces JV with China’s ZZ Tech to manufacture EV battery components in Malaysia

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