15
Jan
03:21
NexV Manufacturing to build Malaysian NEV plant
NexV Manufacturing, a joint venture between Malaysia-based glove maker Careplus and electric vehicle (EV) firm GoAuto, will build a new energy vehicles (NEV) manufacturing and assembly plant in Negeri Sembilan of Malaysia, Kallanish notes.
The duo say in a joint statement the total investment for the plant development is about MYR 600 million ($129m). The plant will commence operations in the first quarter of 2025.
The plant will have a capacity of 30,000 v…
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