Malaysia’s ambitions to become Southeast Asia’s leading electric vehicle (EV) hub took a major leap forward with the official launch of MYR 3.2 billion ($750 million) INV New Material Technology Sdn. Bhd.’s cutting-edge lithium-ion battery separator facility.
The Malaysian Investment Development Authority (MIDA) said in a statement on last Saturday that the investment establishes Malaysia’s first commercial facility of its kind, positioning the country as the region’s largest producer of battery separators.
The newly launched facility will produce 1.3 billion square meters of wet-processed and coated lithium-ion separators – an essential component in EV battery manufacturing.
The project has generated over 2,000 job opportunities, including 550+ high-skilled technical roles with wages exceeding MYR 3,000 ($708) per month.
It serves as a launchpad for technology and knowledge transfer, equipping Malaysian talent with practical exposure to advanced equipment, structured training programs, and collaboration with global experts.
This holistic approach significantly upskills the workforce in advanced materials and engineering plastics, cultivating a future-ready talent pipeline vital for Malaysia’s long-term growth in the EV and high-tech sectors.
“The launch of INV New Material Technology’s facility marks a transformative step in Malaysia’s electric vehicle journey,
“Anchored in the New Industrial Master Plan 2030 and the Chemical Industry Roadmap 2030, this investment bridges a critical gap in our EV ecosystem and embeds advanced materials into our supply chain,” said Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA).
He also said the investment sets a new standard for high-tech manufacturing, while strategically catalyzing broader industrial growth, and attracting more global and local players to strengthen Malaysia’s position in the global EV value chain.
Liu Rui, Chief Executive Officer of INV New Material Technology (M) Sdn. Bhd, said the firm is honored to be part of Malaysia’s journey in building a robust, forward-looking EV ecosystem.
“This facility is not just an investment in infrastructure, but a long-term commitment to sustainability, innovation, and talent development,
“Malaysia offers the strategic advantages, talent pool, and government support we need to make this vision a reality, and we are proud to call it home to our first facility in the ASEAN region,” he added.
According to the statement, INV’s plant also sets a benchmark in Industry 4.0 adoption.
The facility integrates advanced automation, smart manufacturing systems, and digital technologies to maximize operational efficiency, enhance precision, and promote sustainable practices.
It stands as a model for responsible, future-forward manufacturing – a clear signal of Malaysia’s readiness to lead the next wave of industrial transformation.
With this milestone, Malaysia further cements its position as a dynamic and trusted destination for high-value EV manufacturing and next-generation technology investments, said the statement.
INV New Material Technology (M) Sdn. Bhd. is the first subsidiary of Shenzen Senior Technology Material Co., Ltd. in Malaysia.
Specializing in the technological advancement of new energy and materials, emerging as a global leader in industry sales.
The establishment of INV’s factory in Penang marks a significant milestone as the first lithium battery separator manufacturing facility in the ASEAN region.
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