Proton’s New EV Production Plant at Tanjung Malim Facility
– Proton has started building a new EV production plant at its Tanjung Malim facility in Malaysia.
– The project commenced on February 7, 2025, and is expected to be finished by the year-end.
– An investment of 82 million ringgit, equivalent to $18.46 million, is allocated for this initiative.
Implications of Proton’s EV Plant Expansion
– The new facility marks Malaysia’s push to accelerate its electric vehicle ecosystem.
– This move aligns with the nation’s aim to strengthen its position in the EV market and enhance its technological capabilities.
Author’s Take
Proton’s establishment of a new EV production plant at the Tanjung Malim facility represents Malaysia’s proactive efforts to boost its presence in the electric vehicle industry. By investing significantly in this initiative, Malaysia is gearing up to compete in the global EV market and showcase its technological advancements, signaling promising growth opportunities for the country.
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