NAGKAROON na ng lease contract sa pagitan ng FCGC Corporation ang Australian electric vehicle battery manufacturer na St. Baker Energy Innovation Fund.
Mula rito ay magtatayo na ang St. Baker energy innovation fund ng 10 million dollars na lithium-ion battery at manufacturing plant sa Filinvest Innovation Park-New Clark City.
Magsisimula ang commercial production ng St. Baker sa 1st quarter ng 2024 at may initial output ito na 150 megawatts per hour per annum.
Target naman ang full first-stage production capacity ng 1.2 gigawatt hours sa 2030.
