Go Auto, Taiwanese Fukuta To Develop Ecosystem Electric Vehicles

KUALA LUMPUR, Dec 9 (Bernama) -- Go Automobile Manufacturing (Go Auto) has signed a technical agreement with Taiwan's Fukuta Electric & Machinery Company Ltd (Fukuta) to develop ecosystem electric vehicles (EV). Among the objectives of this cooperation is to develop facilities for research and development (R&D) for the EV system components, such as the creation of high efficiency power motor and transmission system, including production facilities to meet the demand for local and export markets. It would also involve the development of the EV prototypes for bus, taxi and food truck, it said in a statement. In addition, the agreement would also make Malaysia a hub for manufacturers and EV components in the ASEAN market, it added. In line with the National Automotive Policy, Malaysia has set a total industry volume target of one million sales in 2020, with EV accounting for 10 per cent. Meanwhile, Go Auto's involvement in the development of EV and high-tech components is the successful result of the Sustainable Technology for Resilient, Innovative & Knowledgeable Entrepreneur (STRIKE) Programme organised by MIGHT Technology Nurturing. STRIKE is a new integrated programme in the implementation of the 11th Malaysia Plan which seeks to open up opportunities for local companies to develop the green technology industry in the country. It focuses on four main clusters of Renewable Energy (Solar), Green Mobility, Bio-Degradation of Materials and Smart City. Established in 2013, Go Auto has been appointed by the Great Wall Motors (GWM) as a manufacturer and the official sole distributor for the GWM and Haval sports utility vehicles in Malaysia and ASEAN. As for Fukuta, it has proven to have extensive experience in the EV industry involving the development of high efficiency power motor, original equipment manufacturing and original design manufacturing. --BERNAMA