Careplus, Go Auto JV to begin construction of RM600mil green factory for NEVs


Careplus CEO Lim Kwee Shyan at the groundbreaking ceremony of the plant in Chembong Industrial Area

KUALA LUMPUR: Careplus Group Bhd's joint venture with Go Auto Group Sdn Bhd will begin construction of a RM600mil green technology facility dedicated to the manufacture and assembly of new energy vehicles (NEV), including electric vehicles (EV), in Chembong Industrial Area in Rembau, Negeri Sembilan.

In a statement, the parties said the joint venture named NexV Manufacturing Sdn Bhd targets to commence operations of the facility in 1Q25.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Doubts over Viet reform drive
Leadership exodus tests Malaysia’s digital banks
Capitalising on the tourism momentum
South African beauty market gets makeover
Navigating Fed uncertainty
Indonesia MSCI alert sends ripples to Malaysia
Chinese tea chains pour into US
Blazing a trail for fire safety
Turning footfall into higher profits
Bond buys fall flat

Others Also Read