PETALING JAYA: Sapura Industrial Bhd
has secured a contract worth an estimated RM307mil over 4.5 years from Chery Corporate Malaysia Sdn Bhd for the assembly of front and rear axle systems.
In a statement, the group said its wholly owned subsidiary, Sapura Machining Corp Sdn Bhd, had entered into a master purchase agreement with Chery, marking its first direct engagement with the Chinese automotive manufacturer.
The contract covers axle assembly for Chery’s internal combustion engine, hybrid electric vehicle and battery electric vehicle platforms, including the JAECOO J5 and vehicles under the LEPAS brand.
The project will be undertaken at Sapura Industrial’s new facility in Bukit Beruntung, Selangor.
The group said the collaboration would support Chery’s expansion of local manufacturing capacity and supplier development in Malaysia.
