Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Global LNG supply surge will drive lasting demand growth, says ADNOC Gas CEO

October 10, 2025

Coal stocks Core Natural Resources, Peabody could rally on AI demand

October 10, 2025

Colombian Industry Braces for Gas Rationing

October 10, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Proton kicks off EV production in Malaysia
Battery / Storage Tech

Proton kicks off EV production in Malaysia

omc_adminBy omc_adminSeptember 5, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


The Malaysian automobile manufacturer Proton has opened its first local electric vehicle assembly plant, as the Southeast Asian nation looks to boost development of its EV industry.

The facility, located in western Perak state’s Automotive High-Tech Valley, Malaysia’s main automaking hub, will have an initial annual capacity to produce 20,000 cars. But that could be scaled up to 45,000 units per annum, Proton said in a statement.

On a 5.57-acre site, the assembly line has now been constructed, which cost about RM47 million (approx. 9,500,000 euros) to conclude the first construction phase. So far, multiple key production lines have been completed, “including the tyre manipulator chassis line, rear sub assembly line, rear spring compress machine, and pallet sub assembly line.” The manufacturer then specified that the “final stages of production are handled by the final line conveyor, which works with the chassis line.”

In the launch ramp-up efforts, Proton hired 30 people to oversee “critical operation and technical roles”, but the plant is planned to eventually employ over 200 people, once operations are fully scaled up and running.

In terms of critical infrastructure, the company has also just signed multiple MoUs with the public transport operators Railway Assets Corporation (RAC) and Keretapi Tanah Melayu (KTM) to do a feasibility study on establishing a railway cargo connection for the Automotive High-Tech Valley, including a railway logistics hub location.

“The launch of this state-of-the-art EV plant marks a historic milestone for PROTON and Malaysia’s automotive industry. This facility, built with advanced technology and a focus on scalability, will be the backbone of our commitment to producing world-class electric vehicles. The Proton e.MAS 7, which has already been embraced by Malaysian consumers, is just the beginning of our journey towards a sustainable future,” said Dr. Li Chunrong, Chief Executive Officer of Proton.

Proton started construction of the factory earlier this year, in February, making the start of production seven months later a rather impressive timescale. At the time, it was said that construction was to end by the end of 2025, and that investment would cost around 82 million Malaysian ringgit (approximately 18 million euros).

Proton is majority owned by Malaysian conglomerate DRB HICOM, while the rest belongs to China’s Zhejiang Geely Holding Group, which holds a 49.9% stake in the company. At the launch event, Malaysian Prime Minister Anwar Ibrahim spoke of encouraging the Chinese company to set up not only production faciltiies, but also training and education: “We want … Geely to use this opportunity to establish not only a factory to produce cars but also a center of excellence for training and education.”

Malaysia aims to become a regional hub for EVs and reach a 20% margin of electrified car sales by 2030. A lot has been happening in the Asian nation in this regard lately, with Neta building an EV factory there at the beginning of 2024, Shell opening a major charging hub in July 2024, and Infineon inaugurating a new SiC semiconductor facility in August 2024. More recently, the country’s first battery swapping station was opened in July.

proton.com, techinasia.com, reuters.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Toyota expands solid-state battery partnership with Sumitomo

October 9, 2025

What Lyten plans to do in Heide after the Northvolt takeover

October 9, 2025

Ferrari lifts the hood on EV tech in maiden electric car

October 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Global LNG supply surge will drive lasting demand growth, says ADNOC Gas CEO

By omc_adminOctober 10, 2025

(Bloomberg) – A looming surge in liquefied natural gas supply through the end of the…

Highland Spring Partners with Altruistiq to Track Product-Level Carbon Footprints Across UK Operations

October 10, 2025

Base Power Secures $1B to scale U.S. Home Battery Network

October 10, 2025

Deep Sky to Build 500,000-Tonne Carbon Removal Facility in Canada

October 10, 2025
Top Trending

Morgan Stanley Backs Corvus Energy to Decarbonize Maritime Sector

By omc_adminOctober 10, 2025

Home Energy Storage Startup Base Power Raises $1 Billion

By omc_adminOctober 10, 2025

Prince William to attend Cop30 UN climate summit in Brazil | Cop30

By omc_adminOctober 9, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 20259 Views

Analysis: Reform-led councils threaten 6GW of solar and battery schemes across England

June 16, 20252 Views

Guest post: How ‘feedback loops’ and ‘non-linear thinking’ can inform climate policy

June 5, 20252 Views
Our Picks

Colombian Industry Braces for Gas Rationing

October 10, 2025

ARM Energy Approves $2.3B Texas Gas Pipeline

October 10, 2025

‘We Need More Energy’, NVIDIA Boss Says

October 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.