Automotive components supplier Go Charge Go Asia (GCG Asia) announced it plans to expand into electric vehicle (EV) battery manufacturing to support plans to produce EVs in the region.

The company wants to produce the batteries in Malaysia in partnership with a leading global battery supplier to provide a “sustainable local supply” to automakers in south-east Asia.

GCG Asia is said to be in talks with potential partners and is looking to kick-start an EV battery manufacturing project in the second half of 2021.

The company’s founder and CEO Alice Tan said in a statement: “The automotive industry has a duty to ensure the sustainability of new innovative technologies, which is why it is necessary for GCG Asia to prepare for the introduction of such technologies into the Southeast Asian market.”

Malaysia, and south-east Asia as a whole, significantly lags most developed markets in the transition towards zero-emission vehicles.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

EV sales in the region represent a negligible fraction of total vehicle sales.