Energy Absolute to build RM5 billion EV public transport manufacturing facility in Malaysia: MITI

Energy Absolute to build RM5 billion EV public transport manufacturing facility in Malaysia: MITI

A joint venture between Energy Absolute Thailand and Computer Forms Malaysia (CFM) has been formed for the construction of Malaysia’s first EV manufacturing plant for public transportation, worth RM5 billion according to minister of international trade and industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz in a post on LinkedIn.

Worth RM5 billion, the EV manufacturing facility will be for the production of electric buses and electric school buses, electric boats, electric motorcycles, EV batteries, electric trains and more, and CFM and Energy Absolute has also agreed to transfer innovation, renewable energy experience and carbon credits to the Malaysian government towards its goal of net-zero carbon emissions by 2050.

“The combination of renewable energy and greening public transportation will encourage inclusive economic growth that will benefit both Thailand and Malaysia,” Zafrul wrote in his post on LinkedIn.

Energy Absolute to build RM5 billion EV public transport manufacturing facility in Malaysia: MITI

Last week, Energy Absolute Malaysia, the Malaysian arm of Thailand-based renewable energy and green technology firm Energy Absolute, has expressed its interest in exploring the Malaysian market anchored on the principles of supporting, investing and driving a pilot project, Bernama has reported.

Malaysian prime minister Datuk Seri Anwar Ibrahim said that Energy Absolute will collaborate with Computer Forms Malaysia (CFM) for the development of green technology in Malaysia as well as for EV technology transfer, among other initiatives, according to Bernama.

The Malaysian prime minister said last week on his Facebook page that Energy Absolute, with a market capital of 380 billion Thai baht (RM45 billion) will build an EV manufacturing facility specifically for the transportation sector.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • Kajeng on Jan 09, 2023 at 11:26 am

    That’s good promote EV Public Transport first,
    Which can more effectively reduce pollution.
    EV automated Bus and Moving Pods booking Via apps, transparently for public satisfaction.

    Meanwhile, China launched world 1st Hydrogen Train,
    Good alternative to EV Train due to ability to travel up to 10x further, not limited by electric circuit.

    Like or Dislike: Thumb up 7 Thumb down 0
  • PH Janji dicapati on Jan 09, 2023 at 11:33 am

    Goob job Tengku Zafrul. He used to be criticized by PH supporters, who said Zafrul was bank representatives, not representatives of the people. But now PH supporters love u or forced to love u. Bcoz bring more investment into Malaysia.

    Like or Dislike: Thumb up 32 Thumb down 5
    • Zafran on Jan 09, 2023 at 7:56 pm

      BN has been cleansed from their bad and polluted individuals. The clean, hardworking and good ones remain and combined with PH, Malaysia will finally be first world!

      Like or Dislike: Thumb up 4 Thumb down 1
  • Kea Was on Jan 09, 2023 at 12:01 pm

    The people would like to ask if this is another one of your direct tender approved for negotiation or not since you are so fond of it under previous government.

    Like or Dislike: Thumb up 5 Thumb down 1
    • Puvan on Apr 15, 2023 at 7:30 pm

      Always WATCHOUT for this kind of CONTRACTS. They Love big UNDERTABLE kickbacks…

      Like or Dislike: Thumb up 0 Thumb down 0
  • buka tender atau direct nego nie? you started it PM not us

    Like or Dislike: Thumb up 3 Thumb down 1
    • Shamsul on Jan 09, 2023 at 8:21 pm

      Ape benda nak kene buka tender pulak ni, ni bukan project kerajaan.. kenal dulu tender tu apa.. jgn nak main tanya je

      Like or Dislike: Thumb up 9 Thumb down 0
  • no use on Jan 09, 2023 at 1:59 pm

    the ICE cars just park at the EV lots as they wish, the EV charge stations are already not enough yet we have barbarian Malaysian who use their own theory who come first who get the lot. So if you don’t mind all the hassle and arguing with the barbarian people go ahead to buy the EV cars

    Like or Dislike: Thumb up 4 Thumb down 0
  • Hmmmm on Jan 09, 2023 at 4:46 pm

    What does CFM has to do with EV manufacturing?
    Or they just print the owners manual?

    I would understand if Sanichi is in the JV but CFM?

    Like or Dislike: Thumb up 1 Thumb down 0
  • meladam on Jan 09, 2023 at 5:30 pm

    true leech detected. Syabas

    Like or Dislike: Thumb up 0 Thumb down 0
  • Never heard of this EV company.

    Like or Dislike: Thumb up 1 Thumb down 0
  • I’ll believe it when I see it…..so far I have not seen our much publicized flying car and also the so called 3rd National car….

    Like or Dislike: Thumb up 1 Thumb down 1
    • Panjang on Jan 10, 2023 at 12:18 pm

      What, u havent see our flying car?
      Its there, just look up. However, most owners opt for the premium range which includes advance camo tech. Its a bit harder to spot but can still be seen with naked eyes.

      Like or Dislike: Thumb up 0 Thumb down 0
  • HtRod on Jan 12, 2023 at 9:32 am

    I found it strange because the Malaysia company, Computer Forms Malaysia Berhad is doing computer forms, papers printing. What engineering background can they relate to EV manufacturing? I know it is possible but to collab with a ground zero company, how long would they need to setup?

    Like or Dislike: Thumb up 0 Thumb down 0
 

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