EP Manufacturing (EPMB) has signed a memorandum of understanding (MoU) with BAIC Worldwide Growth to discover the opportunity of working collectively on the native manufacturing of BAIC’s BJ40 Plus and X55II SUVs.
In a submitting with Bursa Malaysia, the 2 corporations mentioned they might additionally discover native meeting of future right-hand drive (RHD) ICE and electrical autos (EVs), and collectively develop BAIC-branded RHD EVs to cater to Malaysia and different Southeast Asian RHD markets.
BAIC is aiming to ascertain a gross sales and after-sales service community for its RHD autos in Malaysia, and growing an area meeting and manufacturing base with EPMB is integral to these plans.
Ought to each corporations attain a definitive settlement, EPMB will undertake the native meeting of the BJ40 Plus, X55II and future BAIC ICE and EV fashions. The corporate may also be liable for producing components for these autos in Malaysia, with the purpose of acquiring coverage help from the federal government.
Whereas the submitting didn’t element the place the vehicles can be assembled, ought to the deal undergo, it might be in Melaka. Final month, EPMB introduced that its wholly-owned subsidiary Peps-JV (Melaka) (PJVM) had secured conditional approval for a producing license from the ministry of funding, commerce and trade (MITI) to fabricate and assemble four-wheel energy-efficient autos (EEVs) and electrical autos (EVs) in each passenger and business classes.
The corporate mentioned the manufacturing license would allow PJVM to begin a producing plant to assemble EEVs, EVs and different associated merchandise. Based on EPMB Group CEO Ahmad Razlan Mohamed, the corporate is planning to ascertain the power in Pegoh, Melaka.
In December final yr, EPMB additionally introduced that it had secured the unique proper to assemble and distribute a Chinese language EV known as the Lingbox by a five-year deal that enables EPMB the choice of utilizing its personal model identify for the EV within the Malaysian and Indonesia markets.
In October 2022, the corporate additionally signed an settlement with California-based Saean Group for the joint improvement and manufacture of four-wheeled EVs. That very same month, the corporate, by its EP Blueshark subsidiary, was additionally granted a MITI licence to domestically assemble electrical bikes in Malaysia.
GALLERY: BAIC X55II SUV
GALLERY: BAIC BJ40 Plus SUV
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