Melaka to get RM1b investment for nation’s first electric car assembly plant, says CM | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Melaka to get RM1b investment for nation’s first electric car assembly plant, says CM

MELAKA, Jan 4 — Melaka is set to receive an investment totalling RM1 billion by Bumiputera company, Fieldman EV Sdn Bhd to develop the country’s first electric car assembly plant.

He said the company also obtained exclusive rights to distribute electric vehicles in Malaysia and the South-east Asian regional market for right-hand drive vehicles from China’s automotive company, Changan Automobile Corp. “The state government welcomes this cooperation which will provide long-term benefits by further strengthening the development of the automotive industry in Melaka,” he told reporters at Kompleks Seri Negeri in Ayer Keroh today.

Sulaiman said the factory would also provide 5,000 new job opportunities as well as create a downstream industry among the local automotive industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines