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15 Dec
02:36

Careplus partners GoAuto for Malaysia EV plant

Malaysia-based glove maker Careplus has partnered with electric vehicle (EV) mobility firm GoAuto to set up an EV plant in Malaysia, Kallanish notes. Careplus says in a statement the estimated total gross development value (GDV) of the plant is about MYR 600 million ($128.49m). The duo are exploring areas related to the EV industry. A collaboration has been agreed between the two parties in the importation and distribution of the NETA electric car, and asse…
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