Go Charge Go Asia (GCG) plans to get in early on the EV battery production market.
The electric vehicle segment might finally start to expand in Malaysia in the coming years. There are strong indications that Porsche will set up a CKD facility in Malaysia to eventually roll out the Taycan. That might mean other manufacturers will eventually follow suit with possible introductions of the Mercedes-Benz EQ family and BMW’s latest “i” cars through local assembly. To prepare for the introduction of these electric vehicles, a company called Go Charge Go Asia (GCG Asia) Malaysia will be expanding into EV battery manufacturing.
GCG Asia aims to provide not just Malaysia, but Southeast Asia with a sustainable local supply of large-capacity batteries designed for use in EVs. This plan will begin to roll out in the 2nd half of 2021. GCG Asia has been a part of the Malaysian OEM industry for automotive parts.
Here’s the press release with more.
PRESS RELEASE
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.
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.
Being a long-time original equipment manufacturer (OEM) and trader that has been supplying parts to all major assemblers in the region, GCG Asia Malaysia is deeply integrated in the regional auto supply chain. Determined to move up the value chain in Malaysia’s automotive industry, the company has been operating in a more technologically advanced manner by
eliminating traditional manufacturing processes and mechanisms that transportation heavily relies on in auto parts trading.
Moving forward, GCG Asia Malaysia plans to launch a social media campaign to raise awareness on the importance of environment conservation by using platforms such as Reddit and Twitter. The company wishes to encourage the general public to adopt electrical vehicles as a mode of transportation as part of their mission to promote eco-friendly technologies in the region while simultaneously providing the best customer service experience to their clients and consumers in an attempt to gain the public’s support.
GCG Asia Malaysia’s expansion into the supply of EV batteries comes as no surprise, as many automotive brands around the world have been seen to make a steady move towards electrification. This is due to the realisation that EV batteries have the ability to act as an alternative energy resource for transportation. With the automotive industry being a competitive
field, this expansion could potentially provide more jobs due to the sheer number of resources needed to execute challenging tasks such as manufacturing automotive components.
