Go Automobile Manufacturing (Go Auto) has signed a technical agreement with Fukuta Electric & Machinery Company Ltd. Taiwan (Fukuta) recently to develop the ecosystem electric vehicles (EV), making Malaysia a hub for manufacturers and EV components in the ASEAN market.
In line with the National Automotive Policy (NAP), Malaysia has set a target of 1 million sales for total industry volume (TIV) in 2020, with 10% of it consisting of EVs.
Go Auto’s involvement in the development of EV and high-tech components is the successful result of the STRIKE Program organised by the MIGHT Technology Nurturing.
STRIKE is a new integrated program in the implementation of the 11th Malaysia Plan which seeks to open up opportunities for local companies to develop green technology industry in the country.
It focuses on four main clusters – Renewable Energy (Solar), Green Mobility, Bio-Degradation of Materials and Smart City.
Among the objectives of the cooperation between these two parties is to develop the facilities of Research and Development (R & D) for the EV system components, such as the creation of “High Efficiency Power Motor” and the transmission system, including production facilities to meet demands for local and export markets.
The partnership also involves the development of the EV prototypes of buses, taxis and food trucks.
To further strengthen the ecosystem in Green Technology, in addition to the components of “High Efficiency Power Motor”, Go Auto is also developing other components such as EV batteries and communication controlling systems (Telematics).
All components will be developed by the Go Auto vendors under the vendor development program (VDP) organized by the Ministry of International Trade and Industry (MITI).
Through the program, Go Auto will create new vendors to manufacture and supply the EV components, and more jobs in the Green Mobility as projected in the STRIKE program.
In the same working visit, other than Fukuta, Go Auto has also established a cooperative agreement with Higer, a manufacturer of electric buses that will begin to be marketed in Malaysia by the end of 2017.
Both the facility development plan and construction are progressing smoothly.
The facilities to be built will have a production capacity estimated at the beginning of 10,000 units per year.