[Lithium Battery: XTC New Energy Plans New 10,000-Ton Lithium Battery Cathode Material Project In Malaysia]

Published: Jun 29, 2026 14:03 (GMT+8)

Save

On the evening of June 26, XTC New Energy announced its plan to establish a wholly-owned subsidiary, Hong Kong XTC New Energy, in Hong Kong. Through Hong Kong XTC New Energy and Malaysian enterprise EMI, it will establish a joint venture, Malaysia XTC New Energy, as the project implementation entity to invest in and construct an annual 10,000-ton lithium-ion cathode material project. The total investment for the project is approximately 64.58 million US dollars, equivalent to about 450 million yuan. The construction period is planned from September 2026 to June 2027, with a total duration of 10 months.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 hours ago

[Lithium battery: China exported 3.69 billion lithium-ion batteries in Jan-Aug, up 22.9% YoY]

Per MIIT data and customs statistics, China exported 3.69 billion lithium-ion batteries in Jan-Aug 2026, up 22.9% YoY. Value-added output of the electronics manufacturing industry grew 15.7% YoY, with revenue up 20.1% to RMB 12.8 trillion and total profit up 110% to RMB 847.5 billion. The strong battery exports reflect sustained overseas demand for power and energy storage batteries.

13 hours ago

19 hours ago

Solid-State Battery Next Decade Series, Part 9 of 9: A Brand-New Track, Not a "Simple Sequel" to Liquid Lithium Batteries [SMM Analysis]

[SMM Analysis: Solid-State Battery Next Decade Series, 9 of 9: A Brand-New Track, Not a "Simple Sequel" to Liquid Lithium Batteries] The industrialisation of solid-state batteries is not a "capacity replication + minor technical adjustment" of liquid lithium batteries, but a systematic shift from resource logic, chemical logic, and material logic to patent logic. The most common mistake in understanding solid-state batteries through the framework of liquid lithium batteries is treating "planned capacity" as "effective supply," treating "technical routes" as "settled answers," and treating "first-mover advantage" as "ultimate victory.

19 hours ago

23 hours ago

[Weekly Observation] Cobalt industry chain in the doldrums in first week after holiday; cobalt salt prices continue to grind lower; some enterprises remain in reduced or halted production

23 hours ago