TQ Wuling has announced on Facebook that SAIC-GM-Wuling (SGMW) and the Tan Chong Motor Group have signed an agreement for local assembly of EV batteries in Malaysia, without revealing further details.
However, The Edge has reported a one-year agreement beginning September 17 between Tan Chong and Saike REPT Power Battery System to explore producing EV battery packs and identified components in Malaysia.
Saike, a joint-venture between Liuzhou Saike Technology Development and REPT Battero Energy, is TQ Wuling’s EV battery supplier. The collaboration will also explore opportunities to supply the components to overseas markets, as well as the responsible handling, recycling and second-life utilisation of used EV battery packs, The Star reports.
Wuling became the first Chinese brand to produce EV batteries in Indonesia when the first unit of the company’s Magic Battery rolled off the production line on the last day of 2024. First announced in Jakarta on September 20, 2024, the RMB40 million (RM24 million) project took 4.5 months from initiation to production. Will the same speedy timeframe happen here?
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Last sentence to troll Tan Chong eh? If it takes 4.5 months in Indonesia, here probably 4.5 years. 2030
its almost impossible nowadays for a non-M comapny to succeed in Malaysia . look they are even demanding for 30% shares in tuition centers owned by nons. Soon all sdn bhd will need to have 30% or maybe even 51% controlled by boomee.
its almost impossible for non-M company to succeed nowadays. now they are even demanding 30% shares in tuition center owned by nons. maybe soon all Sdn Bhd will need to give 30% or even 51% shares to boomees.
Tan ah chong again? Good luck
tanchong going upstream