Geely's RM30b investment opens a new page for the national EV ecosystem

BernamaPublished: Apr 6, 2023 8:22 AM

Chinese automaker Zhejiang Geely Holding Group Co Ltd (Geely) will invest RM30 billion in the development and commercialisation of the Automotive High-Tech Valley (AHTV) in Tanjung Malim, Perak, said Science, Technology and Innovation Minister Chang Lih Kang.

Chang said the AHTV will open a new chapter in the electric vehicle (EV) ecosystem in Malaysia and it encompasses the automotive and mobility value chain, from high-tech global research and development centres and...

PM: Record RM170b investment pledges secured from China

Govt will look into bringing in affordable EVs - Nik Nazmi

Proton inks deal to sell Smart EVs in Malaysia, Thailand

LETTER | Regaining our leverage against China

Anwar asserts Petronas' South China Sea activities within M'sian waters

Malaysia, China trade group ink deal to stabilise palm oil supply chain

China visit secures huge returns for M'sia, says Anwar

Comments0

By posting a comment, you agree to our Commenting Terms and Conditions as stipulated in full here.

Do's and don'ts when posting comments in Malaysiakini

TERMS & CONDITIONS

Foul language, profanity, vulgarity, slanderous, personal attack, threatening, sexually-orientated comments or the use of any method of communication that may violate any law or create needless unpleasantness will not be tolerated. Antisocial behaviour such as "spamming" and "trolling" will be suspended. Violators run the risk of also being blocked permanently.

REPORT VIOLATORS

Please use the report feature that is available below each comment to flag offending comments for our moderators to take action. Do not take matters in your own hands to avoid unpleasant and unnecessary exchanges that may result in your own suspension or ban.

NOTICE

Our commenting system is still under development. We have taken note of feedback provided.

Subscriber-only space: