Short Position - EV assembly plant, Banking on changes, Market fizzles


Malacca chief minister sulaiman md ali

EV assembly plant

THIS week, the Melaka Chief Minister Datuk Seri Sulaiman Md Ali (file pic) said that his state would soon see a massive RM1bil investment by a company looking to build the country’s first electric vehicle (EV) assembly plant.

The investment will be by local company Fieldman EV Sdn Bhd, which was set up in 2018 to hunt for renewable energy resources that can be brought into Malaysia, according to information on its website.

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