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亚马逊云账号(www.2km.me)_EP Manufacturing, MARii ink MoU for electric vehicles venture

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MARii chief executive officer Datuk Madani Sahari (left) and EPMB executive chairman Hamidon Abdullah (right) after signing and MoU to collaborate and venture into a super delivery ecosystem and electric vehicles.

KUALA LUMPUR: EP Manufacturing Bhd (EPMB) has signing an MoU with Malaysia Automotive Robotics and IoT Institute (MARii) on Wednesday to collaborate and venture into a super delivery ecosystem and electric vehicles.

EPMB and MARii agree to explore the establishment of a production and cocalisation plan to assemble two-wheel and four-wheel EVs.

"This will include a marketing infrastructure to sell these EVs in the local Malaysian market, together with a charging network to support them," it said.

Both parties also agree to establish a super delivery ecosystem, and to incorporate this with an electronic payment system. The MoU shall remain in effect for of two years.

Commenting on the MoU, MARii CEO Datuk Ts. Madani Sahari said: “The government has taken a proactive step in incentivising the use of EVs in its recent announcement in the Budget 2022.

"The activities to be implemented through this MoU contain important building blocks to complete the ecosystem of electromobility, which will chart the future use of electric vehicles.”

EPMB executive chairman Hamidon Abdullah added: “The recent Budget 2022 announcement on elimination of all taxes on EVs in Malaysia shows the government’s seriousness to accelerate the EV uptake and development of EV infrastructures and ecosystems. There will be new norms, and these are opportunities for EPMB.”

EPMB’s new direction is a logical next step, as it already has the building blocks and infrastructure.

“The appointment of new directors recently will also accelerate our business agenda with their wealth of experience, network and accomplishments both locally and overseas,” Hamidon said.

The group has also set up a satellite office in China to help source and identify opportunities for collaboration with EV players in China.

MARii is an agency established under the purview of the Ministry of International Trade and Industry Malaysia (MITI) that serves to spur the development of strategic and operational intelligent systems through the humanization and utilisation of smart platforms, applications and digital technologies.

As for EPMB, its core business is in manufacturing and supply of metal body panels, chassis parts, metal modular assembly and engineering plastics modular assemblies to original equipment manufacturers (OEMs) in the automotive industry.

Its main customers include national car makers Perodua and Proton as well as non-national car makers such as Honda, Mazda and Toyota.

Earlier, EPMB had said the strong investor interest in its shares could be due to the signing of the MoU on Wednesday.

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