Chery Corporate Malaysia launched the Chery Premier Supplier Chain Synergy program in collaboration with the Malaysian Investment Development Authority (MIDA). Four Memorandums of Understanding (MoUs) were signed between Chinese component suppliers and local Malaysian vendors. The partnerships focus on automotive component supply, technology transfer, and joint investment. The program aims to facilitate collaboration between 12 Chery technology suppliers from China and 23 Malaysian suppliers, promoting local vendor development, supporting next-generation vehicles, and incorporating Industry 4.0 practices, aligning with the National Automotive Policy 2020 (NAP 2020).
This article has been processed for multi-language support.