Battery makers are increasingly expanding production in Southeast Asia, possibly to diversify trade and take advantage of the manufacturing incentives offered by the countries. Recent completions include EVE Energy’s facility expansion in Malaysia and REPT opening a lithium-ion cell and ESS base in Indonesia. The region’s mineral-rich nature and large nickel supply have also drawn interest in the mid- and upstream supply chain, primarily in Indonesia, with CATL’s battery manufacturing hub currently under construction and aiming to cover the full battery value chain.
Another region that has attracted investment is the Middle East and North Africa. There have been over 35 GWh of battery and 45 GWh of cell manufacturing plans announced in the region in recent years. India has also been ramping up its battery production capacity; one key difference is that most of the facilities are being opened by domestic players, with over 10 GWh of energy storage battery-specific facilities completed so far this year. This comes as India’s operational energy storage capacity has seen exponential growth of late, spurred by nearly 60 GWh of standalone battery storage tenders awarded by the end of 2025 and the new tranche in the Viable Gap Funding (VGF) scheme.
