Jabil (JBL) announced it has expanded its collaboration with Inno, a metal parts manufacturer and a subsidiary of Shanghai Xinpeng Industry to manufacture battery energy storage system enclosures. The companies expect to co-invest in a 15,000-square-meter, two-building site in Rayong, Thailand. Groundbreaking took place on Nov. 3, with the site expected to be operational for prototyping by late 2026.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBL: