Announced on April 23, 2025, MCE Holdings Berhad (MCE) has secured a series of new contracts through its subsidiaries, with a combined value of approximately MYR 120.67 million. These wins further strengthen MCE’s position as a trusted supplier of automotive electronics and mechatronic components to leading automaker

Announced on March 19, 2025, Perodua has inked an MOU with My Digital ID Sdn Bhd (MyDigital ID) to secure user authentication access while further improving Perodua’s journey in cashless transactions.
This collaboration is the first of its kind for the Malaysian automotive industry, ensuring trusted digital identity

Announced on February 27, 2025, Tenaga Nasional Berhad (TNB) and Perodua have signed a landmark MOU to drive Malaysia’s adoption of electric vehicles.
The partnership covers (i) The installation of TNB Electron EV charging stations at selected Perodua outlets; (ii) The development of solar panel infrastructure at Per

Announced on February 20, 2025, Betamek Bhd, Malaysia witnessed a 6.3% drop in its Q3/FY2025 (Oct – Dec 2024) net profit to MYR 4.73 million, down from MYR 5.05 million in Q3/FY2024. This was due to higher administrative and operating costs.
However, its revenue reached MYR 72.26 million, up around 22.0% YoY. This wa

Announced on February 7, 2025, Perodua, Malaysia, is raising its capital expenditure to MYR 1.6 billion in 2025, which is more than double the MYR 797.5 million CAPEX in 2024 as Perodua reinvests in its capabilities.
The largest part of the planned investment in 2025 is reserved for plant improvements, increasing sta

Announced on February 7, 2025, Perodua, Malaysia, announced to expect lower production and sales of its vehicles in 2025.
Its vehicle production is expected to drop by 4.9% YoY to 350,000 units (from 368,100 units made in 2024). This reduction would see registration slowing by 3.7% to 345,000 units from 358,102 units

Announced on January 20, 2025, Perodua and Universiti Teknologi Malaysia (UTM) signed a memorandum of understanding (MoU) on the development of next generation of electric vehicles (xEV) in Malaysia.
The MoU includes a comprehensive package that would cover educating and training future engineers in developing new te

Announced on January 7, 2025, Perodua, Malaysia noted its all-time high annual registrations with 358,102 vehicles in 2024, up 8.4% YoY.
In the final quarter alone, Perodua registered 97,741 vehicles, an increase of 0.7% from Q4 2023. Meanwhile, Perodua sold 32,202 vehicles in the month of December, up 3.2% YoY.
In t

Announced on December 23, 2024, TM (Telekom Malaysia) has signed an MOU with Perodua to jointly advance EV development, digital innovation, and sustainable growth in Malaysia. Their collaboration covers 4 strategic areas: Hyperconnected Network, Advancing Digital Technology, Enriching Customer Experience, and Environ

Announced on December 4, 2024, Perodua has unveiled its eMO-II (pronounced as M-O-2), the next evolution of its prototype BEV showcased at the Kuala Lumpur International Mobility Show 2024 (KLIMS 2024), Malaysia.
eMO-II is the improved version of its predecessor in terms of styling and features. It incorporates 21st

Announced on November 21, 2024, Perodua has recently signed 2 Memoranda of Understanding (MoU) in Malaysia.
The MoU signed between Perodua Sales and Gentari, through Gentari Green Mobility Sdn Bhd, will include the installation of EV charging facilities at Perodua service centers, including those at PETRONAS stations

Reported on October 21, 2024, the Malaysian government will support and facilitate Perodua’s efforts to produce Malaysia's first EV priced below MYR 100,000.
This was mentioned by the Investment, Trade and Industry Minister who added that an EV in Malaysia currently costs more than MYR 100,000. Hence, the ministry is

Announced on July 19, 2024, MCE Holdings Berhad (MCE)’s wholly-owned subsidiary, Multi-Code Electronics Industries (M) Berhad, has secured a contract worth MYR 19.6 million from Perodua to supply various electronic and mechatronic components, including Multimedia Display Unit, Instrument Panel Cluster, Advanced Drive

On May 21, 2024, Perodua revealed that its first-ever EV model, which is expected to be launched in late 2024 or in 2025, will be potentially priced above MYR 50,000 and below MYR 100,000.
Perodua believed that the EV ecosystem needs to be up first before it can afford to launch the model. Among Perodua’s concerns we

Reported on May 9, 2024, the Malaysian auto manufacturer Perodua has entered Bangladesh, under its partnership with PHP Motors, a subsidiary of the PHP Family.
An agreement was inked in April 2024 between Perodua and PHP Motors for the latter to assemble and sell Perodua vehicle models in Bangladesh.
PHP Motors has i

Announced on May 6, 2024, Perodua targets exports growth of around 79% to 1,960 units in 2024, up from 1,094 units recorded in 2023 as the company aims to broaden its overseas markets.
On May 3, the Malaysian compact car company launched the Perodua Alza AV and H, as well as the Axia AV and G in Brunei with sales tar

On March 21, 2024, Sime Darby Berhad Malaysia announced that it has completed the acquisition of UMW Holdings Berhad (UMW), achieving 100% stake in UMW. 
According to Sime Darby, leveraging its collective strengths, especially within the automotive and industrial sectors, this milestone will enable the group to reinf

Reported on January 19, 2024, the Malaysian Minister of International Trade and Industry (MITI) has recently mentioned that mass production of Perodua’s EV is scheduled to begin by the end of 2025, the period when CBU EV’s import duty/excise duty exemption will also come to an end, and the sub-MYR 100,00 EV restricti

Reported on December 26, 2023, regarding the safety testing irregularities issue of Daihatsu Motor Co., Ltd., Perodua Malaysia has reportedly resumed its production in Malaysia, after getting regulatory clearance, according to multiple sources.
According to the statement officially released by Perodua on December 20,

On December 20, 2023, Perodua president and chief executive officer stated that the company is conducting a detailed assessment on the matter and currently in discussions with Malaysian authorities on the impact of "procedural irregularities" by Daihatsu on Perodua’s vehicles. The outcome of this discussion will be s