KUALA LUMPUR: Betamek Bhd
's wholly-owned subsidiary Betamek Research Sdn Bhd has signed a memorandum of understanding with Jiangsu Yibang New Energy Technology Co, Ltd to explore a partnership supporting the production of Yibang's electric vehicle communication converters (EVCC) and supply equipment communication controllers (SECC) products in Malaysia.
In a statement, Betamek said Yibang will also bring to the partnership its proprietary hardware, software, firmware and application technologies for EVCC and SECC devices. which are critical components for battery management systems in electric vehicle.
The partnership also outlines the establishment of Yibang-compliant facilities by Betamek in Malaysia for the assembly of EVCC and SECC devices, with Yibang agreeing to exclusively outsource the manufacturing and assembly of its solutions to Betamek for mutually developed markets and customers in Asean region.
In addition, both companies intend to jointly undertake marketing and business development initiatives to secure confirmed orders and accelerate the commercialisation of EV charging communication technologies in the region.
“This MoU marks a significant step for Betamek in strengthening its foothold in the electric vehicle ecosystem. By leveraging Yibang’s advanced technologies alongside our local manufacturing expertise, we are well-positioned to support the growth of EV adoption in Malaysia and the wider ASEAN region.
"This collaboration is fully aligned with our strategy to diversify beyond our core automotive EMS business into emerging green technologies," said Betamek executive director Muhammad Fauzi Abd Ghani.
Yibang general manager Ma TianYi said it will be able to accelerate time-to-market for our EV charging communication systems and meet the rising demand for reliable, standard-compliant solutions in the region.
