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Home News Auto News Proton and Smart inks an MoA to explore CKD EV project in Tanjung Malim, a part of RM 32 bil AHTV investment? Proton and Smart inks an MoA to explore CKD EV project in Tanjung Malim, a part of RM 32 bil AHTV investment? Auto News Mersita Wasli | September 20, 2023 05:12 pm Possibilities of setting up a local assembly (CKD) project for Smart models in Malaysia is now officially being studied upon the signing of a Memorandum of Agreement (MoA) between Smart Automobile and Proton at the annual 2023 China-ASEAN Expo (CAEXPO) in Nanning. “The new MoA between Proton and Smart Automobile brings our collaboration to a new level as now we are talking about assembling Smart models in Malaysia. As an automotive manufacturer, Proton always intended to raise our involvement with smart beyond distribution for the ASEAN region as there are many efficiencies to take advantage of because both companies are members of the Geely Group,” said Dr. Li Chunrong, Chief Executive Officer of Proton. A similar agreement was signed between the two companies in 2022, which led to the appointment of Proton as the official distributor for Smart vehicles in Malaysia and Thailand through a General Distributorship Agreement (GDA) inked in August last year. Proton also sent groups of workers to China for on-job-training stints focusing on the EV industry to build a local talent pool specific to the EV market. “Proton has committed to introducing more New Energy Vehicles (NEV) in the future. After the launch of the Proton X90, our first NEV, we are excited by the opportunity to learn more about EVs from our collaboration with smart. Going forward, all our production activities will be centred at the Automotive High Tech Valley (AHTV) in Tanjung Malim, which will also help in our goal to turn Malaysia into a regional EV hub,” added Dr. Li Chunrong. This comes after the April 2023 signing of Heads of Agreement (HoA) between Proton’s parent company, DRB-Hicom, and Geely to develop the Automotive High-Tech Valley (AHTV) facility in Tanjung Malim. According to DRB-Hicom, AHTV will attract RM 32 billion worth of investments from ‘other brands’ besides Proton and Geely. With the new MoA signing that will see both parties studying the feasibility of locally assembling Smart vehicles in Proton’s Tanjung Malim plant, it seems plausible that the ‘other brands’ mentioned could involve Smart Automobiles. Also read: Smart's official entry into Malaysian market: Introducing the Smart #1, a premium EV from China - starts at RM 200k! Smart #1, the first Smart model imported form China (CBU), will be offered in 3 variants - Pro, Premium, and Brabus - with price starting from RM 200,000 to RM 250,000. Its official launch is scheduled for Q4 2023. As of now, a total of 9 dealers will support the launch of Smart #1 in Malaysia. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags smart Malaysia proton smart malaysia smart EV Malaysia Smart CKD malaysia AHTV tanjung malim Print Related News Meet the smart #1 EV at the Carlist DRIVE Auto Show, Sept 1-3 at the Setia City Convention Centre Auto News Sep Irran Halid | August 25, 2023 EVs are slowly but surely taking over the industry and one of the most anticipated brands will be on display at the next Carlist.my DRIVE Auto Fair ... Hap Seng becomes first smart authorised dealer - smart#1 to be launched soon? Auto News Adam Aubrey | May 10, 2023 Looks like the first smart dealership won't be with a Proton-associated dealer, as it has just been announced that Proton New Energy Technology Sdn. ... smart Malaysia hits 100th delivery of the smart #1 Auto News Sep Irran Halid | December 19, 2023 Just a month after the official launch of the smart #1 here in Malaysia, smart Malaysia hits a new milestone - the delivery of the first 100 units to ... Over 1,000 bookings reached for smart #1 EV Auto News Sep Irran Halid | December 07, 2023 smart Malaysia has hit a major milestone with the smart #1 EV with 1,000 units booked since its official launch just last month.10 dealers across six ... Comments
Proton and Smart inks an MoA to explore CKD EV project in Tanjung Malim, a part of RM 32 bil AHTV investment? Auto News Mersita Wasli | September 20, 2023 05:12 pm Possibilities of setting up a local assembly (CKD) project for Smart models in Malaysia is now officially being studied upon the signing of a Memorandum of Agreement (MoA) between Smart Automobile and Proton at the annual 2023 China-ASEAN Expo (CAEXPO) in Nanning. “The new MoA between Proton and Smart Automobile brings our collaboration to a new level as now we are talking about assembling Smart models in Malaysia. As an automotive manufacturer, Proton always intended to raise our involvement with smart beyond distribution for the ASEAN region as there are many efficiencies to take advantage of because both companies are members of the Geely Group,” said Dr. Li Chunrong, Chief Executive Officer of Proton. A similar agreement was signed between the two companies in 2022, which led to the appointment of Proton as the official distributor for Smart vehicles in Malaysia and Thailand through a General Distributorship Agreement (GDA) inked in August last year. Proton also sent groups of workers to China for on-job-training stints focusing on the EV industry to build a local talent pool specific to the EV market. “Proton has committed to introducing more New Energy Vehicles (NEV) in the future. After the launch of the Proton X90, our first NEV, we are excited by the opportunity to learn more about EVs from our collaboration with smart. Going forward, all our production activities will be centred at the Automotive High Tech Valley (AHTV) in Tanjung Malim, which will also help in our goal to turn Malaysia into a regional EV hub,” added Dr. Li Chunrong. This comes after the April 2023 signing of Heads of Agreement (HoA) between Proton’s parent company, DRB-Hicom, and Geely to develop the Automotive High-Tech Valley (AHTV) facility in Tanjung Malim. According to DRB-Hicom, AHTV will attract RM 32 billion worth of investments from ‘other brands’ besides Proton and Geely. With the new MoA signing that will see both parties studying the feasibility of locally assembling Smart vehicles in Proton’s Tanjung Malim plant, it seems plausible that the ‘other brands’ mentioned could involve Smart Automobiles. Also read: Smart's official entry into Malaysian market: Introducing the Smart #1, a premium EV from China - starts at RM 200k! Smart #1, the first Smart model imported form China (CBU), will be offered in 3 variants - Pro, Premium, and Brabus - with price starting from RM 200,000 to RM 250,000. Its official launch is scheduled for Q4 2023. As of now, a total of 9 dealers will support the launch of Smart #1 in Malaysia. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags smart Malaysia proton smart malaysia smart EV Malaysia Smart CKD malaysia AHTV tanjung malim
Also read: Smart's official entry into Malaysian market: Introducing the Smart #1, a premium EV from China - starts at RM 200k! Smart #1, the first Smart model imported form China (CBU), will be offered in 3 variants - Pro, Premium, and Brabus - with price starting from RM 200,000 to RM 250,000. Its official launch is scheduled for Q4 2023. As of now, a total of 9 dealers will support the launch of Smart #1 in Malaysia.
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Meet the smart #1 EV at the Carlist DRIVE Auto Show, Sept 1-3 at the Setia City Convention Centre Auto News Sep Irran Halid | August 25, 2023 EVs are slowly but surely taking over the industry and one of the most anticipated brands will be on display at the next Carlist.my DRIVE Auto Fair ...
Hap Seng becomes first smart authorised dealer - smart#1 to be launched soon? Auto News Adam Aubrey | May 10, 2023 Looks like the first smart dealership won't be with a Proton-associated dealer, as it has just been announced that Proton New Energy Technology Sdn. ...
smart Malaysia hits 100th delivery of the smart #1 Auto News Sep Irran Halid | December 19, 2023 Just a month after the official launch of the smart #1 here in Malaysia, smart Malaysia hits a new milestone - the delivery of the first 100 units to ...
Over 1,000 bookings reached for smart #1 EV Auto News Sep Irran Halid | December 07, 2023 smart Malaysia has hit a major milestone with the smart #1 EV with 1,000 units booked since its official launch just last month.10 dealers across six ...