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EP Manufacturing Berhad (EPMB), through its subsidiary PEPS-JV (Melaka), has signed a memorandum of understanding (MoU) with Nice Wall Motor Gross sales Malaysia to arrange a neighborhood meeting and manufacturing programme in Malaysia. The collaboration is about to be agreed definitively within the subsequent three months, and is projected to begin in 2024.
With this partnership, chosen GWM fashions will likely be locally-assembled at EPMB’s plant in Pegoh, Alor Gajah in Melaka. The official press launch mentions the inclusion of “distinguished fashions similar to GWM SUV, pick-up and cutting-edge electrical automobiles” within the CKD plans, which must be referring to the Haval H6 and Jolion, Cannon and Ora Good Cat (maybe the smaller Black Cat or larger Grand Cat too?) respectively.
As soon as agreed, manufacturing of CKD GWM automobiles in Malaysia is anticipated to ramp up progressively, with a goal of assembling as much as 20,000 items by 2028. No point out of exports right here, as GWM already has a right-hand drive/ASEAN manufacturing base in Thailand, having taken over GM’s Rayong plant in 2020.
The GWM Cannon pick-up truck at the moment retails in Malaysia for RM128k in CBU type, whereas the electrical Ora Good Cat is priced between RM140k and RM170k. Each the Haval H6 and Jolion SUVs have but to be launched right here, regardless of a number of previews and native appearances.
Curiously, that is removed from being EPMB’s first MoU to assemble vehicles in Malaysia. To this point, the public-listed firm has signed letters of intent with BAIC (to CKD X55II and BJ40 Plus SUVs), Lingbox (to assemble and distribute the mini EV in Malaysia and Indonesia) and the Saean Group (to develop, manufacture an inexpensive A-segment EV for Malaysia). None have come to fruition as of but.
The group introduced 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-wheel energy-efficient automobiles (EEVs) and EVs. EPMB is a Malaysian-based funding holding firm working within the automotive enterprise section. Its numerous companies are primarily concerned within the manufacturing of automotive elements and components.
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