Tan Chong Motor Holdings (TCMH) has announced that it has signed a letter of intent (LOI) with Perodua to provide assembly services for the national carmaker’s upcoming homegrown electric vehicle (EV) project.
In a filing witn Bursa Malaysia on Friday, it said the LOI was inked by its 70%-owned subsidiary Tan Chong Motor Assemblies (TCMA) and Perodua’s wholly-owned subsidiary, Perodua Sales.
Under the LOI, which came into effect on November 13, TCMA will be responsible for providing ED (electro deposition) coating and painting line services as well as rental and use of designated assembly lines to Perodua Sales.
In the filing, TCMH said that the arrangement would allow it to optimise its existing assembly plant capacity to enhance operational efficiency and maximise asset utilisation, and it would also provide it with the opportunity to expand its participation in the EV segment of Malaysia’s automotive industry. The LOI will lapse once both parties sign the definitive agreements, said TCMH.
Perodua’s first electric vehicle, which is set to be called the QV-E, is expected to be launched at the end of this month, as indicated by prime minister Datuk Seri Anwar Ibrahim. Here’s what we know about the QV-E thus far
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ello, move forward leh, ppl already quit using EV and now bolehland still forcus with this junkie
should tell proton to move forward instead still using ancient stoneage punch cvt
From information I gathered, perodua EV project was either party or mainly developed by Dream Edge, it is still an inhouse project though. Not a JV, rebadged or collaboration with any other car companies. So thumbs up to P2, Dream Edge and also Tan Chong for being part of this programme.
much better effort compare to proton who designed only the badge and grill
tell that to UMW , perodua still using stoneage ancient 1.5 engine