Careplus, GoAuto JV to commence $130M green technology facility in Malaysia

NexV Manufacturing Sdn Bhd (NMSB), a joint venture company between Malaysia-based glove maker Careplus Group Berhad and the automotive solutions provider GoAuto Group Sdn Bhd, will start the construction of a MYR 600 million ($129.17 million) green technology facility dedicated to manufacture and assembly of new energy vehicles, including electric vehicles…

Careplus partners GoAuto to set up EV plant in Malaysia

Malaysia-based glovemaker Careplus Group Berhad is partnering electric vehicle (EV) mobility firm GoAuto Group to set up an EV plant in Malaysia with gross development value (GDV) of the about MYR 600 million ringgit ($128 million).

Malaysia’s Careplus diversifies its business to electric vehicles

Malaysia-listed glove maker Careplus has diversified its existing business to include the business of electric vehicles (EV). The firm has undertaken a joint venture with Malaysia-based EV firm Go Auto to import electric vehicles under the Neta brand, by taking up a 30 percent stake in Intro Synergy Sdn Bhd (ISSB), a wholly owned subsidiary of Go Auto…