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Vietnam

Leoch sets sights on Europe as new Asian battery plants start up

Wed, 03/27/2019 - 09:53 -- John Shepherd

Leoch International Technology is to bring two new lead-acid battery plants on stream this year in Vietnam— and has revealed plans to expand in Europe including through acquisitions.

The Hong Kong-listed firm said one of its Vietnam plants will start delivering reserve power batteries by mid-2019, while the other will be delivering SLI batteries by the end of the third quarter.

Construction of both plants is “in full gear”, Leoch said in a Hong Kong Stock Exchange announcement. “The design production capacity of these two factories will be more than double the current total overseas production capacity with opportunity for future expansion.”

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China lead firm eyes switch to ‘low-cost’ Vietnam

Mon, 05/21/2018 - 10:28 -- Xuan Zhong
China lead firm eyes switch to ‘low-cost’ Vietnam

Chinese battery maker Shenzhen Center Power Tech is proposing to transfer part of its lead-acid operations outside China to reduce costs.

The company— also known as Vision— has set its sights on transferring lead battery production from its facility in the Shenzhen Dapeng New District to subsidiaries in Vietnam and central China’s Hubei Province.

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