05:29 AM EST, 11/10/2025 (MT Newswires) -- Jabil ( JBL ) said Monday that it has expanded its collaboration with Shanghai Xinpeng Industry subsidiary Inno to produce battery energy storage system enclosures by co-investing in a site in Rayong, Thailand.

Groundbreaking took place last week and the site is expected to be operational for prototyping by late 2026.

Jabil ( JBL ) shares were up 2.9% in recent premarket activity.