EPMB bags major EV deal to deliver 23,000 e-Bikes

From left: EP Manufacturing Bhd executive chairman Hamidon Abdullah, Averte Global Pte Ltd CEO Roy Fung and Blueshark Ecosystem Sdn Bhd Group CEO (Asean) Jeff Chong. 

KUALA LUMPUR: EP Manufacturing Bhd (EPMB) has won its first major deal to supply electric bikes (e-Bikes) for the Indonesian and Vietnamese markets, with an initial order of 23,000 units to be delivered from the first quarter of 2023.

EPMB, via its wholly-owned subsidiary EP Blueshark Sdn Bhd, signed a master agreement with Singapore-based Averte Global Pte Ltd and Hong Kong-based Blueshark Group Ltd, in which Averte and Blueshark have jointly agreed to be the joint-venture partners and purchasers.