After signing a letter of intent (LOI) in November, Perodua Sales Sdn Bhd (PSSB) and Tan Chong Motor Assemblies Sdn Bhd (TCMA) have signed a three-year agreement for the latter to provide electro-deposition coating and painting line services, as well as rental and use of certain designated assembly lines in Serendah, for the Perodua QV-E, The Star reports, citing a Bursa Malaysia filing.
“TCMA shall provide electro-deposition coating and painting line services as well as rental of designated assembly line in consideration of the payments of service fees and rental charges to be made by PSSB,” the filing said.
The agreement will stand for three years from June 1, 2026 to May 31, 2029. Perodua can extend the agreement for another two years by giving at least six months’ written notice before the initial term expires.
PSSB will be responsible for obtaining and maintaining the necessary approvals, permits and licences, complying with laws and regulatory requirements for EV manufacturing, and maintaining and adequately insuring its equipment for the project.
Perodua QV-E
from RM69,999 
Perodua Traz
from RM76,100 
Perodua Axia
from RM33,900 
Perodua Alza
from RM62,500 
Perodua Myvi
from RM46,500 
Perodua Ativa
from RM62,500 
Perodua Bezza
from RM34,580 
Perodua Aruz
from RM68,900 
2 useless dead companies sucking one another
ironic calling perodua “dead” but it is the number one car compnay in malaysia
Good lah – but currently only 300+ sold so I wonder how are they planning to increase sales to make this plant work?