EP Manufacturing Berhad announced today that its subsidiary, PEPS-JV (Melaka) Sdn Bhd has signed an MOU with Great Wall Motor Sales Malaysia for local assembly and manufacturing of its pick-ups in Malaysia.
Under the MOU, EPMB and GWM Malaysia are poised to propel their collaboration towards a definitive agreement in the coming three months. This will entrust EPMB with the pivotal role of locally assembling selected GWM models. Anticipated within this range are prominent models such as GWM SUV, pickup, and cutting- edge electric vehicles. The collaboration signifies a strategic move towards advancing local vehicle assembly, aligning with the vision of the Malaysian government to enhance automotive capabilities and contribute significantly to the growth of the industry in Malaysia.
EPMB expects to kick off the collaboration from 2024 onwards with production of GWM vehicles to gradually ramp up every year, reaching 20,000 units by 2028.
