Volvo announced to produce its first assembled electric vehicle in Malaysia

Volvo Car Malaysia Sdn Bhd, (Volvo Car Malaysia) a prominent automobile manufacturer announced the company’s electrification plan to produce its first assembled electric vehicle (EV).

The company plans to manufacture the Complete Knocked Down (CKD) unit of electric vehicle (EV) at its manufacturing facility in Shah Alam, Selangor.

Volvo Car Malaysia will be the first automotive brand in Malaysia that has a completed plug-in hybrid (PHEV) line for all car models.

In the Electrification Plan launching held at Petaling Jaya, Volvo Car Malaysia announced that the company will begin producing fully EV models in Malaysia. They introduced the XC40 Recharge Pure Electric model during the event.

The production of this model will be the first electrification effort by Volvo Car Malaysia in the country and the company’s plans to continue leading the early automobile electrification initiative by exporting the locally assembled XC40 Recharge Pure Electric model to the ASEAN market.

Moving forward, Volvo Car Malaysia plans to launch one new locally assembled EV model every year beginning from 2022. This is in line with the company’s plan for going into full electrification by year 2030.

At the launching ceremony, Senior Minister and Minister of International Trade and Industry (MITI), Datuk Seri Mohamed Azmin Ali said that Volvo’s move on making Malaysia one of its electrified vehicle hubs with models assembled here not only to serve the Malaysian market but also as an ideal gateway for the ASEAN market could not have come at a more opportune time.

“This is aligned to the Government’s pledge to drive sustainability and inclusivity as outlined in the Twelfth Malaysia Plan (12MP), with the commitment to achieve net-zero GHG emissions by 2050 earliest,” he said.

-NIAGATIMES

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