Below information is extracted from CIMB's Initiation Report

During Tesla’s Battery Day in Sep 20, it shared its strategy of cutting the EV
battery cost in kilowatt-hour (KWh) by up to 56%. This will be done via its vertical
integration strategy involving five key elements:

i) battery cell design

ii) battery cell factory

iii) anode materials

iv) cathode materials

v) battery cell vehicle integration.

This would involve four different processes:

i) electrode

ii) winding

iii) assembly

iv) formation

In our view, Genetec is likely to be involved in providing assembly and formation
solutions to Tesla (could potentially be Genetec’s customer, in our view). This is
given that Genetec’s core competency is in these areas, especially in providing
assembly solutions. Hence, we believe that Genetec could potentially ride on
Tesla’s expansion plans which would require more assembly and manufacturing
lines for its new EV battery cell factories.

You may want to visit https://klse1.i3investor.com/blogs/genetec_rm400/2022-04-13-story-h1621426871-For_knowledge_sharing_Tesla_4680_battery_cell_structural_pack_productio.jsp to watch how Tesla 4680 battery cell structural pack production in action.

My fellow GENETEC shareholders... I encourage you to read the report from page 1 to page 41. It provide a very good & comprehensive information on our company business.

https://www.cgs-cimb.com.my/cgscimbresourcesmy/resources/MAL-EV-Genetec-Initiation.pdf

You should read below post to understand more on Customer T road map and its progress so far. 

• https://klse1.i3investor.com/blogs/genetec_rm400/2022-03-29-story-h1620532245-My_fellow_GENETEC_shareholders_What_is_Customer_T_plan_on_battery.jsp
• https://klse1.i3investor.com/blogs/genetec_rm400/2022-04-11-story-h1621369187-Tesla_kept_its_Battery_Day_promise_4680_Cells_Structural_Pack_Revealed_.jsp