EP Manufacturing (EPMB) has introduced that it’s set to start building of its deliberate automotive manufacturing facility in Melaka, having performed a ground-breaking ceremony to kick begin the method.
The transfer to arrange an meeting plant comes after the corporate’s announcement in July that it had secured conditional approval for a producing license from the ministry of funding, commerce and business (MITI) to fabricate and assemble four-wheeled energy-efficient autos (EEVs) and electrical autos (EVs) in each passenger and industrial classes.
The corporate stated the brand new facility will likely be established in a number of phases on the Hicom Pegoh Industrial Park, with over RM100 million set to be pumped into the undertaking. Upon completion, the meeting plant could have the capability to provide as much as 30,000 autos a yr within the first part of its operations. It added that the undertaking is poised to create round 1,000 new job alternatives in Melaka.
The brand new plant is about to fabricate a few automobile fashions from BAIC, the BJ40 Plus and X55II SUVs. Native manufacturing of the 2 fashions was indicated in August when EPMB and BAIC Worldwide inked a memorandum of understanding (MoU) to discover right-hand drive meeting of ICE and electrical automobile fashions for BAIC.
Moreover, EPMB stated it additionally expects to assemble autos for Nice Wall Motor Gross sales Malaysia at this plant, primarily based on the MoU that was signed by each events earlier this week. The sighting of an Ora Good Cat, GWM Cannon and Haval H6 on web site at throughout the ground-breaking ceremony means that these GWM fashions will likely be assembled in Melaka. Proper-hand drive BAIC X55II examples had been additionally displayed on the occasion.
“The institution of an electrical automobile (EV) manufacturing facility is a pivotal step in realising our complete imaginative and prescient of creating a 360° provide chain for Malaysia’s EV market. Collaborating carefully with our strategic companion, BAIC, we’re poised to assemble a cutting-edge EV manufacturing facility in Melaka, heralding the graduation of the following chapter in our development trajectory,” stated EPMB group CEO Ahmad Razlan Mohamed.
“Moreover, we’re keenly trying ahead to collaborating with GWM, our esteemed buyer, in contributing to place Malaysia as a central hub for EV and EEV within the ASEAN area,” he added.
The general public-listed firm has additionally signed letters of intent with Lingbox to assemble and distribute the mini EV in Malaysia and Indonesia in addition to with the Saean Group to develop, manufacture an inexpensive A-segment EV for Malaysia, though it stays to be seen if these will come to fruition.
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