Auto parts maker EP Manufacturing wants to assemble EVs in Malaysia

KUALA LUMPUR: EP Manufacturing Bhd has signed an MoU with Malaysia Automotive Robotics and IoT Institute today to collaborate and venture into making electric vehicles and create an electronic payment system.

Both organisations agreed to explore a production and localisation plan to assemble two-wheel and four-wheel EVs.

"This will include marketing support and a charging network to help sell these EVs in Malaysia," said EP Manufacturing.

The MoU would be valid for two years.

EP Manufacturing has set up a branch office in China to help source materials and identify EV players to work with.

Malaysia Automotive Robotics and IoT Institute is a unit under the Ministry of International Trade and Industry Malaysia.

EP Manufacturing's main business is in making and supplying metal body panels, chassis parts, modular metal and engineering plastics assemblies to original equipment manufacturers.

Its main customers include domestic car makers Proton and Perodua as well as foreign car makers such as Honda, Mazda and Toyota.