Tan Chong Motor Holdings (TCMH) has signed a letter of intent (LOI) with Perusahaan Otomobil Kedua (Perodua) to provide assembly services for the latter’s first electric vehicle (EV), The Edge Malaysia reported.
The collaboration is signed between Tan Chong Motor Assemblies, a 70%-owned subsidiary of TCMH, and Perodua’s sales arm, Perodua Sales. Through this deal, Perodua will be able to tap into Tan Chong’s existing assembly lines to produce its upcoming EV.
Aside from the assembly works, the partnership will also entail painting line services and electro-deposition coatings, used to prevent corrosion for EV parts.
TCMH, the franchise holder of Nissan, Renault, and TQ Wuling vehicles in Malaysia, said the collaboration will allow the company to expand its involvement in Malaysia’s EV industry. Signed on 13 November, the LOI will lapse once both parties sign the definitive agreements.
RELATED: Anwar: Perodua to launch its first EV model by the end of November 2025
Perodua’s first EV is set to be unveiled by the end of November 2025, according to a statement last week from Prime Minister Datuk Seri Anwar Ibrahim.
Details on Malaysia’s first “locally developed” EV are still limited, but its price is estimated to hover around the RM80,000 mark. The EV is expected to deliver up to 400 km of range (NEDC), support 60 kW DC fast charging, and reach a top speed of 165 km/h.
Perodua is also targeting strong safety credentials, aiming for ADAS 2.0++ features and a 5-star ANCAP safety rating to give buyers added peace of mind.
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