EPMB headquarters in Malaysia. (EPMB photo)
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Heading to BusWorld Indonesia, I sat beside an automotive and finance expert from Petronas. He requested to remain anonymous because he said he cannot represent his company in this chat, but he gave deep insights into how Malaysia’s Malacca state is rapidly emerging as a manufacturing base for Chinese electric vehicle brands seeking a foothold in Southeast Asia.
He also said that Petronas’ aim is to achieve net-zero carbon emissions by 2050. But that is another story.
What began several years ago as a series of investment announcements is now evolving into an export-oriented assembly ecosystem centered around EP Manufacturing Berhad’s (EPMB) Pegoh facility.
