China car ambitions in electrifying mode

Quick Summary:

What China companies have done very well is that they are used to digital platforms to ensure just-in-time production and delivery of parts.

Last year, Geely said it plans to invest around US$10bil (RM46.77bil) in Malaysia’s main automaking hub of Tanjung Malim, with a goal to make Malaysia a production hub for EVs, not just for the domestic market but also for export to other South-East Asian countries.

Some of the China ICE marques are being assembled in Malaysia, for example Chery’s Omoda 5 and Tiggo 8 Pro.

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Article Details

Author / Journalist: RISEN JAYASEELAN

Category: EconomyBusiness

Markets: MalaysiaChinaMali

Topics: Parts EV Research and development Tariff /Business/Business News Automobile Electric vehicle Star Biz7 Manufacturing Supply chain ICE

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 14:47:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 850 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21722270

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

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News Last Updated: 21 minutes ago

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