EP Manufacturing and Great Wall Motor Sales Malaysia Sdn Bhd have entered into a Vehicle Assembly Agreement to appoint the company’s subsidiary PJVM as the contract assembler for GWM’s authorised model vehicles in Malaysia or other
areas/countries which may be permitted by GWM in its sole direction.
This comes after both parties signed an MOU back in October on the possibility of venturing into assembly, Great Wall Motor Company Limited is a world-renowned SUV and pickup manufacturer. It was listed on the Hong Kong Stock Exchange in 2003 and the Shanghai Stock Exchange in
In 2023, the total overseas sales of its SUVs, pickups and all other models had surpassed 300,000 units, reaching over a million sales per year for 8 years consecutively. GWM has been granted an exclusive right to manage Great Wall Motor Company Limited’s business operations in Malaysia. PJVM.
Under the agreement, EP will liaise, and deal exclusively with GWM for production of the Authorised Model in the
Territory. Assemble and deliver Assembled Vehicles to GWM based on purchase orders. Obtain and maintain necessary facilities, licenses, approvals, and permits for continuous assembly.
EP already a car component maker sees the agreement allowing it to capture on the ever-expanding automotive market and an expansion of income steam. The strategic alliance with the global car manufacturer it said will further strengthen its existing car parts manufacturing business, and allow other subsidiary companies to supply to new customer(s), generating higher revenue.
