Prime Minister Anwar Ibrahim says Energy Absolute Malaysia Sdn Bhd will drive development in local electric vehicle production. – EPA pic, January 5, 2023.
ENERGY Absolute Malaysia Sdn Bhd, the Malaysian arm of a Thailand-based renewable energy and green technology company, has expressed interest in exploring the Malaysian market anchored on the principles such as supporting, investing and driving a pilot project. Prime Minister Anwar Ibrahim said the company, which has a strong market capital of 380 billion baht , will collaborate with Computer Forms Malaysia Bhd to develop green technology in Malaysia and electric vehicle technology transfer, among others.
In a Facebook post today, the prime minister said the company will build an EV manufacturing facility specifically for the transport sector, covering buses, boats, motorcycles, batteries, trains, cars, and others, worth RM5 billion. “As Asean economic community members, with almost similar cultures and heritage, the cooperation between Malaysia and Thailand continues to be strong, with high neighbourhood spirit and collaboration in various relevant fields,” he said. – Bernama, January 5, 2023.