BCorp founder and adviser Tan Sri Vincent Tan Chee Yioun.
KUALA LUMPUR: Berjaya Corp
Bhd (BCorp) is mulling a venture into the new energy vehicle (NEV) market, following a strategic partnership with China’s Skywell New Energy Automobile Group Co Ltd.
Skywell is known for its production of low carbon emission vehicles, including electric buses, vans and trucks.
Separately, BCorp has also forged a partnership with Skyworth Group Co Ltd, another leading Chinese enterprise specialising in smart home appliances and technology. Both Skyworth and Skywell were founded and majority controlled by Stephen Wong.
BCorp founder and adviser Tan Sri Vincent Tan Chee Yioun said the dual collaboration marked a significant step towards revolutionising both the smart living and new energy sectors in Malaysia and South-East Asia.
“Skyworth brings unparalleled leadership in smart home appliances to the partnership.
“Skywell, on the other hand, will provide the technological capacity needed for new energy automobile manufacturing, establishing a steady foundation for entering the Malaysian market,” he said during his welcome speech at the memorandum of strategic cooperation signing ceremony yesterday.
He added that BCorp will leverage its extensive marketing network and robust presence across key industries in Malaysia.
The partnership with Skywell aims to establish Skywell as a prominent NEV brand in Malaysia and Asean, catalysing NEV growth across the region.
This endeavour includes exploring strategic partnerships to advance essential NEV technologies and bolster the NEV ecosystem in the country, thus enhancing the entire NEV landscape in Malaysia.
Regarding the partnership with Skyworth, Tan said BCorp will integrate Skyworth’s smart technology into its real estate developments seamlessly, elevating the living experience to new heights.
Meanwhile, Skyworth and Skywell controlling shareholder Wong believes that the joint efforts and cooperation of both parties will achieve mutual benefits and win-win objectives.
He said that the collaboration would leverage each company’s strengths to jointly promote the application of NEVs in Malaysia and explore the South-East Asian markets.
“Malaysia, a rich and resourceful land, not only has unique natural resources, but also shows strong vitality and potential in economic development and international cooperation,” he said.
“As a well-known enterprise in Malaysia, Berjaya Group has been committed to promoting its economic development and industrial upgrading. We are well aware that in today’s global economic integration, only by strengthening international cooperation can we achieve mutual benefit, win-win results and common development,” he added.
Founded in 1988, Skyworth is a wholly-owned subsidiary of Skyworth Group Ltd, which is listed on the Hong Kong Stock Exchange. Skyworth Group also owns Skyworth Digital Co Ltd, listed on the Shenzhen Stock Exchange, along with several high-tech enterprises and a national industrial design centre.
Meanwhile, Skywell is a unicorn enterprise integrating research and development, production, sales and service of NEVs and core components, with production bases in Shenzhen, Wuhan, Xuzhou, Hohhot and Weinan.
