EPMB and BAIC ink 10-year vehicle assembly agreement

KUALA LUMPUR: EP Manufacturing Berhad (EPMB) announces the signing of another landmark vehicle assembly agreement, in this instance with BAIC International Development Co Ltd (BAIC), amidst this notable development, solidifying a strategic partnership spanning an impressive 10-year period.

Under the terms of the agreement, EPMB via its fully owned subsidiary, Peps-JV (Melaka) Sdn Bhd will undertake the assembly and production of BAIC vehicles, marking a significant step towards enhancing the automotive landscape in Malaysia.

The initial models slated for production include the x55ii and BJ40+, with a lineup of Electric Vehicles (EVs), scheduled to debut in 2025.

As part of the agreement, BAIC will provide relevant technical support and training, as well as guidance and supervision on the assembly and manufacturing process.

EPMB is to serve as the vehicle assembler, ensuring that BAIC’s vehicles are meticulously assembled to meet the highest standards of quality and performance. BAIC will be responsible for the sales and marketing of the vehicles to maximise market penetration and brand visibility in Asean.

This strategic partnership not only underscores EPMB’s dedication to innovation and excellence but also highlights Malaysia’s conducive business environment and skilled workforce.

By leveraging EPMB’s state-ofthe-art facilities in Melaka and BAIC’s cutting-edge technology and expertise, this collaboration aims to meet the demand for high-quality BAIC vehicles in the Asean region and beyond.

This synergistic alliance between EPMB and BAIC represents a convergence of Malaysian and Chinese expertise with mutual growth opportunities, poising Malaysia to emerge as a pivotal destination for BAIC’s production activities, fostering growth, job creation, and technological advancement.

“I am happy to note the positive momentum our company is gaining. EPMB is navigating a new agenda with new horizons,” expressed Hamidon Abdullah, executive chairman at EPMB.