Go Charge Go Asia (GCG Asia) Malaysia, a leading auto parts supplier, announced today that it is expanding into EV battery manufacturing to provide automakers and assemblers in Southeast Asia with a sustainable local supply.
The expansion was marked by a scheduled investment in EV battery factories in Malaysia.
The official announcement that was made by Alice Tan, CEO and Founder of GCG Asia
Malaysia comes after a report by Bloomberg New Energy Finance which noted that electric
vehicles will become more affordable within the next five to seven years.
“Electric vehicles have become a significant discussion in the past few years and attracted a lot of attention from the public. The automotive industry has a duty to ensure the sustainability of new innovative technologies which is why it is necessary for GCG Asia Malaysia to prepare for the introduction of such technologies into the Southeast Asian market,” said Alice Tan, CEO and Founder of GCG Asia Malaysia, stressing the importance of preparing the Malaysian market for electrical vehicles.
By investing in EV battery manufacturing, the company aims to ensure the sustainability of EV batteries for years to come. In turn, this will allow GCG Asia to develop a firm hold on emerging production technologies in order to compete in an ever-changing landscape on a global scale.
Undoubtedly, electric vehicles act as a sustainable alternative to the typical combustion engine. In line with that, GCG Asia Malaysia hopes that their involvement in the manufacturing of EV batteries in the second half of 2021 will play a role in enhancing Malaysia’s focus on policies and efforts to promote a conducive environment for green vehicles, eventually transforming itself into the green and guardian capital of Asia.
Besides being the core component used to generate power in electrical vehicles, EV batteries have been proven to provide various benefits such as the elimination of noise pollution, the production of fewer particulates, cleaner CO2 emission as well as, and zero tailpipe emissions.
Therefore, GCG Asia Malaysia would like to take on the responsibility of making sure that the manufacturing and distribution of such an essential component are readily available for
everyone.
