Business

Proton inks agreement to sell, service smart EVs in M’sia, Thailand

National carmaker to launch first model in Q4 2023

Updated 3 years ago · Published on 18 Aug 2022 3:37PM

Proton inks agreement to sell, service smart EVs in M’sia, Thailand
Pictured here is smart Automobile’s smart EQ fortwo at the 2019 International Motor Show in Frankfurt, Germany. Proton says its deal to sell and service smart’s electric vehicles (EVs) in Malaysia and Thailand marks a big step for its entry into the new EV market. – Wikipedia pic, August 18, 2022

KUALA LUMPUR – Proton and smart Automobile Co Ltd (smart) have formalised a deal following the signing of a general distributorship agreement (GDA) today, which will see the national car maker launching the first model by the fourth quarter of 2023.

Under the GDA, the national carmaker will sell and service the smart electric vehicles (EVs) brand in Malaysia and Thailand, Proton said in a statement.

“Today marks a big step for entry into the new energy vehicle market.

“The first phase of business with smart is focused on retailing but it provides us with valuable knowledge and experience not only on how to service and charge EVs but also how to transform the way we interact with our customers,” said Proton chief executive officer Li Chunrong.

Li added that the move into this market segment will also help to drive Proton’s drive towards being more environmentally friendly in all facets of its operations as the carmaker works to help Malaysia achieve its carbon neutrality target by 2050.

Proton also announced its intention to model its retail operations for smart on what the company does in other markets.

Therefore, Proton said there will be a heavy emphasis on an integrated digital lifestyle and other elements that will marry customer preferences with a connected digital solution encompassing journey planning, charging availability and even purchasing considerations.

The company is exploring how to use its entry into the market segment to attract young talents, it added.

With the rapid shift in job preferences for new workers, Proton will use its long-term plans for sustainability and energy efficiency as well as increasing its environmental, social and governance scores to appeal to the next generation of automotive industry workers.

smart Automobile is a joint-venture between Mercedes-Benz and Geely Group, with both parties leveraging synergies in research and development, manufacturing and supply chain to develop smart into a world-leading, premium EV technology brand. – Bernama, August 18, 2022

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