Ni Hsin EV Tech Sdn. Bhd. (“NH EV TECH”), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group (“Ni Hsin”), had on 16 July 2023 signed a Letter of Intent (“LOI”) with Universiti Teknikal Mara (“UnIKL”), to promote the innovative electric motorcycles known as EBIXON EV Motorcycles.
Under the LOI, UniKL and NH EV TECH agree to exercise their best efforts to explore various potentials within any field related to the electric motorcycle industry that are beneficial to the Parties.
The collaboration shall cover the areas of education, R&D, project management, social and culture and aims to establish the Industrialmanship program in UniKL for the purposes of industrial exposure such as technical workshops or seminars, industrial training placement and employability program to UniKL students where NH EV TECH has the technical expertise and entrepreneurship program.
NH EV TECH Managing Director Khoo Chee Kong said, “This strategic collaboration enables both parties to conduct R&D and provide technical training and industrial exposure to UniKL students thus equipping them with adequate skills to match current job requirements. This is in line with Kementerian Kemajuan Desa dan Wilayah’s aspiration to raise the minimum wage of students who have completed the Technical and Vocational Education Training (“TVET”) from RM1,500 to RM2,000. Additionally, we have crafted entrepreneurship programs for these students who aspire to start a self-sufficient small entrepreneurship.”
