WTC Automotif (WTCA), a subsidiary of Warisan TC Holdings, and GAC Motor International have signed a Memorandum of Understanding (MoU) to initiate feasibility studies for two new completely knocked-down (CKD) vehicle assembly projects in Malaysia. This includes CKD production of the right-hand drive GAC Emkoo for the Malaysian market, and the left-hand drive GAC GS3 Emzoom destined to be exported to Vietnam.
The feasibility studies are expected to be completed by the end of July. If realised, this collaborative effort will solidify Malaysia and WTCA’s pivotal role as a strategic partner for GAC’s regional growth strategy through localized CKD production and manufacturing opportunities. This will also make Malaysia the first country outside of China to carry CKD operations for GAC vehicles.
Upon the studies’ completion, it will help strengthen Malaysia’s position as the automotive hub for Southeast Asia markets. Furthermore, the export of the GAC GS3 Emzoom to the Vietnamese market will play a pivotal role in WTCA’s regional expansion plans.
GAC and WTCA formalized their technical collaboration through the CKD Technical Collaboration Agreement. This landmark agreement grants WTCA the rights to locally assemble GAC’s authorized vehicle models in Malaysia using CKD kits and components manufactured to GAC’s global technical specifications and quality standards. Additionally, WTCA through its Distribution Agreement, is entrusted with marketing, distributing, servicing, and servicing these vehicles.
GAC and WTCA have initiated the Start of Production (SOP) for the GAC GS3 Emzoom SUV at WTCA’s Segambut plant, with a ribbon-cutting ceremony being held at the venue. This achievement was realised in just 13 months following the project announcement.
RELATED: GAC Emkoo previewed in Malaysia – X70, CR-V rival to launch in Malaysia in 2024
Warisan TC Holdings Bhd. Chief Executive Officer, Tan Keng Meng said the partnership and technical collaboration with GAC Motor International underscores a shared vision to scale up CKD capabilities in Malaysia. “It will be a strong testament to the depth of our partnership and our collective commitment to provide cutting-edge mobility solutions, integrating sustainable manufacturing practices, creating economic opportunities, and ultimately providing customers across ASEAN with the freedom to go further,” Tan emphasized.
“Our team at WTCA is immensely proud of the seamless collaboration with our esteemed GAC partners in executing an accelerated SOP for the GAC GS3 Emzoom. This accomplishment serves as a testament to our robust technical integration capabilities and vast collective expertise in efficiently delivering manufacturing excellence while maintaining the highest quality standards,” he added.
GAC Group President, Feng Xingya shared his optimism about the partnership between GAC and Tan Chong Group, saying, “I eagerly anticipate the ongoing support from governmental bodies and individuals in both nations. GAC is steadfast in its commitment to closely collaborate with Tan Chong Group, seizing emerging opportunities, deepening cooperation, optimising resource synergy, leveraging complementary strengths, and crafting a strategic win-win situation for both entities.”
RELATED: 2024 GAC GS3 Emzoom previewed in Malaysia – Gundam-styled compact SUV now open for booking!
GALLERY
