Chery Corporate Malaysia Supports Malaysia Economic Growth, Makes Malaysia Production and R&D Hub For SEA Region
Leading automaker, Chery Corporate Malaysia Sdn Bhd (Chery), will begin exporting vehicles to the Southeast Asia (SEA) market this year. The move is in line with Chery’s vision to make Malaysia its production hub for the region. Chery is the first Chinese brand to begin exporting out of Malaysia.
“Chery is progressing well towards establishing Malaysia as our production and research and development (R&D) hub in Southeast Asia. Expanding our exporting capabilities enhances our production capacity to meet the region’s growing demand. Furthermore, Chery is excited to play a role in boosting Malaysia’s economy, develop local talent and strengthen our supply chain. We are confident in achieving our goal to make Malaysia the leading export hub for Chery vehicles which includes our premium sub-brand JAECOO,” said Chery Corporate Malaysia Executive Vice President, Leo Chen.
The first phase of exports from Malaysia to Vietnam will comprise JAECOO Internal Combustion Engine (ICE) SUVs and Plug-in Hybrid Electric Vehicles (PHEV) with more models and brands to join the list. Exports to other countries within SEA will also follow including Thailand, Brunei, The Philippines and Singapore.
The production for SEA export markets is supported by Chery Corporate Malaysia’s production facility in Shah Alam, Selangor. In preparation to scale-up production for future growth, Chery has also established strategic partnerships with its other local assembly plants in Malaysia.
For the year 2024, the Chery Group achieved record-breaking annual sales of over 2.6 million vehicles, a 38.4% year-on-year increase, with exports reaching 1.1million units, up 21.4% from 2023.
For information on Chery Auto Malaysia visit www.chery.my or follow Chery Malaysia’s Official Facebook page. To learn more about JAECOO, visit JAECOO Malaysia at www.jaecoo.com.my or follow JAECOO Malaysia social platforms.
