Skip to main content

Light Across and PEKEMA Forge Groundbreaking Partnership to Launch Malaysia’s Local Electric Vehicle Brand

On August 22, Light Across, Inc., an innovative electric vehicle brand from the United States, signed a cooperation agreement with The Vehicle Importers and Dealers Association of Malaysia ("PEKEMA"). The signing ceremony and test drive event will be held in the near future.



The agreement specifies that over the next five years, Light Across will provide PEKEMA with several mass-produced models, with the first order comprising 3,000 units of A-class electric vehicles. The agreement also outlines discussions on the formation of a joint venture between PEKEMA and Light Across in Malaysia, aimed at establishing the country's local electric vehicle brand and setting up an electric vehicle manufacturing hub.

Founded in 2021 in Delaware, USA, Light Across is an electric vehicle brand whose founding team comes from Ford Motor and other companies. The team has extensive experience in automotive design and development, having led and participated in platform development and model design projects for different brands in US. Additionally, during the early stages of China's electric vehicle industry, they provided chassis design consulting and overall performance improvement services to all major players, playing a key role in the rapid growth of the Chinese EV sector.

Light Across combines its team's vast experience in electric vehicle development with the extensive global automotive industry resources and the advantages of China's electric vehicle ecosystem. The company plans and designs its EV products based on the diverse vehicle needs across global regions, while also promoting the development of localized production capabilities and supply chain systems. Light Across is dedicated to building a comprehensive electric vehicle ecosystem Malaysia and other regions.

The signing of this agreement represents the recognition and confidence the Malaysian automotive market has in Light Across, and also showcase PEKEMA's strong commitment and long-term strategic vision in the electric vehicle market. Through continued collaboration, both parties are poised to establish an electric vehicle industry hub in Malaysia, which could serve as the cornerstone for the EV sector in Southeast Asia. This partnership also signifies the first step in Light Across 's global expansion of its EV ecosystem.

Datuk Nazari, Vice Chairman and Acting President of PEKEMA, expressed high praise for Light Across 's corporate vision, product planning, and technological capabilities. He stated that this collaboration will play a significant role in advancing Malaysia into the high-quality electric vehicle industry.

Comments

Popular posts from this blog

The Role of Vendor Management Systems in Streamlining Operations

In an increasingly complex business world, managing numerous vendor relationships effectively is crucial for maintaining a competitive edge. Vendor Management Systems (VMS) are becoming indispensable tools in this effort, providing businesses with the capabilities to optimize and streamline vendor interactions. Understanding Vendor Management Systems A Vendor Management System (VMS) is a transformative tool designed to enhance how companies manage and interact with their vendors. It offers a centralized platform for automating and streamlining all aspects of vendor relations, including selection, contract management, performance evaluation, and payment processes. By facilitating a more structured and transparent interaction with suppliers, a VMS helps businesses optimize efficiencies, maintain compliance, and build stronger, more strategic partnerships. This system proves invaluable for organizations that handle numerous vendors or those needing tight control over procurement to meet ...

Navigating the AI Frontier: Moknia's Human-Centric Approach to Audio Creation

The landscape of audio creation is undergoing a transformative shift, propelled by the rapid advancements in artificial intelligence (AI) technology. From music composition to podcast editing, AI algorithms have become increasingly sophisticated, offering creators powerful tools to streamline their workflow and unleash their creativity. These advancements have revolutionized the audio industry, sparking discussions about the future of human involvement in content creation. Moknia: Upholding Human Creativity in the era of AI Moknia , a vibrant audio and music social platform, stands at the forefront of this evolution. With its diverse array of audio content spanning music, life sharing, knowledge sharing, relaxation, and fandom, Moknia provides a fertile ground for creators to explore and experiment with audio creation. However, while AI brings unprecedented opportunities for innovation, it also raises concerns among creators about the potential to replace human creativity. Navigating t...

WeDex Subverts Tradition and Constructs the Future of Decentralized Trading

  Amidst frequent hacker onslaughts, a grim regulatory landscape, and recurring financial meltdowns, is the security of users' encrypted assets still assured? Where does the future of encrypted assets lie? And what path shall centralized digital asset exchanges (DEX) tread? In response to these conundrums, the WeDex platform was conceived, striving to shatter the constraints of traditional DEXs, championing a new era of decentralized trading, and poised to play a pivotal role in the future evolution of blockchain technology. I. Issues with CEX and Traditional DEX in the Blockchain Realm Centralized exchanges (CEX) have played a significant role in the evolution of the trading landscape. However, their centralized nature necessitates that users entrust their assets to third parties, exposing them to security and privacy vulnerabilities. While traditional DEXs do ensure user control and privacy, they are hampered by inadequate liquidity and sluggish transaction speeds, compromising u...