Cooperation agreements have been signed between MARA Corporation and CRRC Corporation and the China Electrical Equipment Group (CEEG) to explore business ventures in the areas of renewable energy, maintenance and repair of EV buses, as well as solar energy storage and batteries, Bernama has reported.
The initiative by the group of companies under the Majlia Amanah Rakyat (MARA) was the first step in helping the government change public transportation from being diesel-powered, to EVs, said deputy prime minister Datuk Seri Ahmad Zahid Hamidi.
The deputy prime minister witnessed the signing of the collaboration, which included the memorandum of understanding (MoU), memorandum of agreement (MoA) and letter of intent (LoI) between SKS Coach Builders and CRRC Corporation; MARALiner and SKS Coach Builders; and MARA Corporation and China Electrical Equipment Group.
According to the deputy prime minister, there are currently 60,000 diesel-powered buses in Malaysia, and these need to be changed to EV buses in stages in the next 10 years as stipulated at the previous Cabinet meeting, the report wrote.
“We see that in the long run, this will reduce carbon emissions and be cheaper than using diesel. However, I will discuss it in detail with the transport minister regarding the stipulated period for the conversion of the 60,000 diesel buses to EVs,” Ahmad Zahid said.
MARA Corporation, through MARALiner intends to be a leader in the supply of EV buses, including direct sales and leasing for public and government transport, and is estimated to involve around 800 buses valued at around RM960 million, Bernama reported.
In 2017, the Putra NEDO EV bus became the first rapid-charge electric bus to enter service in Putrajaya, and was part of a technology transfer arrangement via a government-to-government agreement between Malaysia and Japan, following the signing of an MoU in 2015 between Putrajaya Corporation (PPj) and New Energy and Industrial Technology Development Organisation (NEDO) of Japan.
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Chinese again? Eww
If not with chinese then partner with India ka? Kita tak mau itu kereta lembu dan itu kereta 3 roda la. Kita mau maju bukan mundur. Perghhh bodoh. haha
Hahaha typical crynese, hating India without a logic. India is world’s biggest motorcycle market but again you’re a nobody, at least Modenas knows (and we know you’re an uncover racist using Palestine’s name).
Typical Indian first hate chinese and when others including chinese retaliate then they say others hate them. perghh bodoh punya manusia. Macam ular. To indians, everything must be Chinese or Pakistani or Muslims fault. Perghh bodoh punya manusia
India has the biggest crap motocycle on the roads for sure but mostly made by the Japanese and the british. Lol. Don’t give too much credit to yourself la. You make us all laugh.
An agency that detest local Chinese is collaborating with overseas Chinese.
960 million…
10% 96 m
20% 192m
“Service charge”
Signed
Chin Peng Ping
CPP buat kerja
MARA tunggu result
Bikin bus pon nak tongkat n tolong Komunis
sks buses are total crap