MCE signs MoUs to support Chery Malaysia's localisation


KUALA LUMPUR: MCE Holdings Bhd (MCE), via its wholly owned subsidiary Multi-Code Electronics Industries Bhd, has signed two memoranda of understanding (MoUs) with Cheling Smart Mobility Technology (Wuhu) Co Ltd and Wuhu Atech Automotive Electronics Co Ltd to support the localisation of Chery Malaysia’s production.

In a filing with Bursa Malaysia, the automotive electronics and mechatronic components supplier said the partnerships will involve collaboration on several key areas.

These include the local production of automotive parts and components, the transfer of technology and technical know-how, and ensuring compliance with Chery’s rigorous quality standards.

The parties are also committed to developing local talent through training and upskilling initiatives, and may explore joint investments in tooling or facilities to support production needs.

“These MoUs reflect MCE’s strong track record in design and manufacturing, and our commitment to supporting automakers in their localisation journey.

“With deep local insights and proven capabilities, we are well placed to help global players establish and grow their presence in Malaysia, while contributing to a more resilient and competitive supply chain,” MCE group managing director Dr Goh Kar Chun said.

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

Next In Business News

Livestreaming playing vital role in expanding employment
Malaysia-Taiwan trade surges 36.8% to RM92.77bil in first five months of 2025
PETRONAS LNG, Japan's Jogmec partner to expand collaboration in LNG sector
HSS Engineers unit secures RM10mil consultancy job in India
Energy stocks take centrestage as FBM KLCI bucks downward trend
Maybank extends first green loan to fuel Charoen Pokphand's RE expansion in Malaysia
Shares slip, oil rises as investors weigh Iran risks
Local institutions maintain buying momentum for fifth week with RM510.6mil inflows
Enra inks RM136.56mil deal for supply of storage tanker solution
Ringgit higher at opening amid ongoing geopolitical tensions

Others Also Read