The government has dropped a bombshell today, announcing the company that will be responsible for the much-vaunted new national car. The reins have been given to DreamEdge, a Malaysian innovation and digital engineering services company that has dabbled in automotive design and engineering.
Not much has been revealed just yet, but we do know that this is a completely private enterprise that will not use public funds, with the government only to be tapped for potential incentives or grants – at least, that’s the plan. DreamEdge has also named Daihatsu (yes, that exact Japanese carmaker that’s already tied up with Perodua) as a technical partner, although it will not have any equity in the new venture.
What does all that mean for the first car, expected to go on sale in March 2021? Well, you can watch the video above and let our man Hafriz Shah explain it all in finer detail. Oh, and let us know what you think in the comments section after the jump.
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Daihatsu is not even sharing any such advanced tech with the local company that it has equity in, whatmore a company that it has no interest at all. I guess Daihatsu will play along and see how much money they can suck until the whole thing collapses. In the mean time, big brother Toyota has a more solid interest in the Indonesian EV scene (at least US$2Billion of interest). Mumra is taking us for a ride again.
Those who ever worked with japanese companies (I did so for nearly 30yrs.) will know that they never share knowledge, even when it would make sense. All japanese companies have internal documents, workflows, tech infos that is only shared with japanese staff.
So no flying cars? Aiyaa abis la nobody wanna buy my overstocked KDK fans
WOW! while other established car companies/brands take years to developer and yet some are still in test phase, Malaysia can produce on-the-road autonomous car from scratch within 1 1/2 years! This shall put Malaysia as the world leader in this field! Really salute the kabinet of Malaysia – Mangkuk All the Way!
Yeah, sudah maju terbang… mesia can choose buy Myvi either from p2 or p3
Arent you the same person always condemning Hyundai in every article but yesterday it was announced Proton will use Hyundai AT gearbox.
Malu malu malu
Why harp on other people when you are the same person condemning Proton in every article, even in supercar articles?
Why harp on other people when you are the same person condemning Proton in every article, even in supercar articles? Hypocrite much?
Hahahahahaha….
I dunno man every other country is racing to develop the next big thing which is AI which includes autonomous driving and the space internet race. Meanwhile here in Malaysia we are still looking at building our next car…
P3=P2. 2×5. 5×2.
March 2021 is only 1.5 years from now. The only possible way to do it is to use established/tested platform, powertrain, and facilities. There is not enough time to start development from scratch and/or to build own factory. My bet is Daihatsu will provide both platform and powertrain and assembly will be outsourced to either Perodua or Toyota. A very tight schedule for simultaneous engineering and production preparation as well, that most likely all will be also outsourced to Daihatsu/Toyota. Therefore, the commitment and objectives are quite doubtful. My 2 sen ..
Yessss…. all is going according to keikaku. Mwuahahahaha!
DreamEDGE Sdn Bhd largest shareholder is Syarikat Venturetech Sdn BHD, which is 100% owned by MIGHT (Malaysia Industry Government Group for High Technology, an agency under Prime Minister Department).
As they say, follow the money trail.
Crony to the top of the food chain.
If the whole thing is private venture, why should we call it “national”. Unless the so called private company already sucks millions from the govt. Bufori is private too. Just saying.
Bufori is a failed kit cat maker and it’s under Australian ownership . Copycat ugly design with no customers
What a joke of ideas. Such a waste of time and money in such a small market.. sel otak berhubung ke tak?
Dear Hafriz – I enjoy your reviews. However, please stop rolling/pushing up the sleeves of your jackets so far up. I think you’ve tried this look for long enough already.
“Dream Edge” in English, or “Syoik Sendiri” in Bahasa
What a shower of shit – the dude can’t even read (coz he didn’t bring his glasses) a presentation which he clearly did not write let alone prepare for. Disorganised chaos and clearly could
not even organise a piss up in a brewery. I wouldn’t even let this lot butter my toast let alone put cars onto the public road. If they achieve half of what they said they would in that unrealistic timeline – I would happily eat my bum hair with my Weetabix.
LOL Brilliant !!!
Weetabix – Have you had yours (bum hair)
Hybrid is the old technology, EV is now, with flying car is time perfect. The government is obsolete. The technology is so fast, and the EV is very fast, and the Virgin Galactic gonna next year or sending passenger to space for fee.
Another rebadge..
“But we do know that this is a completely private enterprise that will not use public funds with goverment only to be tapped for potential inventives or grants..”
Two problems here.
1. Dreamedge IS NOT a completely private enterprise. Gov is the majority shareholder.
2. Grants = are public money.
As for the gov track record and promises so far, pigs and elephants also can fly.
Enough said.
P.s still waiting for free toll
Do a search and see who really controls and owns DeeamEdge you will be surprised. Crony at its best . Flush more money to drain