Batang Kali:EPMB has announced a joint venture with Hebei Shichang Auto Parts Co Ltd to create a RM100 million facility dedicated to producing advanced fuel tanks for Proton.
According to BERNAMA News Agency, the joint venture aims to support Proton's growth and enhance Malaysia's component supply chain, aligning with the country's ambition to be a leading automotive production and export hub.
EP Shichang Automotive Systems Sdn Bhd will be formed to execute the joint venture, with EPMB holding a 51% stake and Hebei Shichang 49%. The initial phase involves developing a plastic fuel tank production facility in Batang Kali, Selangor, capable of producing 200,000 units annually.
Production is expected to start supplying Proton Tanjung Malim by March 2027. EPMB's Mohd Seth Sulaiman highlighted the venture's role in advancing their manufacturing capabilities to meet Proton-Geely's domestic and export market needs by integrating Chinese technological expertise with local manufacturing strengths.