KUALA LUMPUR, Dec 22 (Bernama) -- Malaysia’s E-hailing industry is poised to earn  healthy growth returns as Sersol Takuni (ST) – the joint-venture company between Sersol Berhad and Thai energy giant Takuni,  undertakes a new alliance with China’s Chongqing Beidou Jiean Neo-energy Technology Ltd (CBJN). The agreement was formalised at the signing of a Memorandum of Understanding (MOU) between both parties in Bangkok last week.

The ST Partnership with CBJN, a formidable satellite giant based in China, marks much anticipation in its potential to transform the electric motorbike and scooter industry across Indonesia, Malaysia and Thailand.  

 “ST’s latest venture seeks to embed Beidou’s technological expertise in design, product development and manufacturing of electric motorcycles and scooters to help the transition towards Net Zero carbon emissions, “said Datuk Wira Justin Lim, Managing Director, Sersol Berhad.

The MOU covers transfer of technology from CBJN to ST, involving selling and leasing solutions for the market.

“We are specifically targeting electric motorbikes and scooters to meet consumer needs to combat increased traffic congestion in urban cities, rising cost of living, high fuel prices, pollution and long commuting hours,” explained Datuk Lim.

Datuk Lim further elaborated ST has identified a unique market opportunity as there are 150k bikes crossing the Johor Bahru - Singapore causeway daily.  By manufacturing, selling and leasing these electric motorcycles to consumers, the new JV Company will be able to leverage on Singapore government’s incentive scheme to promote usage of EV motorbikes and scooters in the Republic to reduce its carbon footprint.

“To start with, the JV Company will be marketing, assembling and distributing Beidou Jiean’s Colt Electric Motorbike and Scooters.  Beidou Jiean has an annual production capacity of producing 500k Colt motorbikes in their manufacturing plants in Chongqing, China,” explained Datuk Lim. 

The Colt electric motorbikes models range from Standard, Performance and Premium.  All three are powered by advanced lithium batteries with an endurance ranging from 90-130km up to a maximum speed of 60-80kmh according to specifications for each model. There is a strong potential the JV Company may develop their own version for the regional market in the near future.

  “This EV industry ecosystem will be further supported by the development of a charging infrastructure developed by our Thai Partner, Takuni Group in Malaysia, Thailand and Indonesia,” added Datuk Lim.

Datuk Wira Justin Lim signed the MOU on behalf of Sersol Takuni, while Mr Alvin Lee represented Beidou Jiean at the signing ceremony in Bangkok.

Relevant images to the event can be found in the following link:

https://www.mediafire.com/folder/c0mxi1t77nmwh/Folder

CHONGQING BEIDOU JIEAN NEOENERGY TECHNOLOGY LTD (CBJN)

CBJN is China’s satellite giant and its core business specialises in providing total solutions for new energy technology encompassing applications for various industries. They are based on Chongqing, China.

TAKUNI GROUP PCL

Takuni Group Public Co. Ltd. engages in oil and gas trading and distribution business. It operates through the following segments: Liquid Petroleum Gas Trading, Gas Installation Equipment Trading, Transportation Services, Construction Services, Non-Destructive Testing (NDT) and Inspection Services, and Others.  The Thailand-based Group has set a vision to run a fully integrated business using eco-friendly technology to seamlessly add value benefiting customers across all business segments. - Takuni Group Thailand has a market cap of 2.54Billion THB and trades on Thailand’s Stock Exchange (SET. It was founded on March 26, 2007 and is headquartered in Bangkok, Thailand.

SERSOL BERHAD

Headquartered in Johor, Malaysia, Sersol Berhad is a public limited company incorporated in late 2002. Listed on the Bursa Malaysia Securities Berhad since 2004, the investment holding company is venturing into several new industries, including aviation, e-vehicles, renewable energy, property development, health care, organic food and green technology.

Issued by Twenty-Eight Degrees Sdn Bhd on behalf of Sersol Berhad. 

SOURCE: Twenty Eight Degrees

FOR MORE INFORMATION, PLEASE CONTACT:
Twenty-Eight Degrees Sdn Bhd  
Name: Jessie Ooi
Tel: +6019 566 8448
Email: jessie@twentyeightdegrees.com.my

-- BERNAMA