Perodua and Tan Chong make QV-E deal official: three-year Serendah agreement for assembly line rental and painting services
Following last November's letter of intent, the deal runs from June 2026 to May 2029, with an option for Perodua to extend by two more years
2026-09-15
Wikimedia Commons
What began as a letter of intent in November has now become a formal contract: Perodua Sales and Tan Chong Motor Assemblies have signed a three-year agreement under which Tan Chong's Serendah plant will support production of the QV-E. The arrangement covers electro-deposition coating and painting line services, along with the rental of designated assembly lines.
Citing a Bursa Malaysia filing, The Star reports that the deal is set to run from June 1, 2026 through May 31, 2029. Perodua can extend it by a further two years, provided it gives written notice at least six months before the initial term expires.
Under the terms, Perodua's sales arm must obtain and keep current all approvals, permits and licences required for EV manufacturing, stay on the right side of relevant laws and regulations, and carry adequate insurance on the equipment used for the project.
This is an original summary compiled and translated from the source below, not a direct translation of it.
π Source: Paul Tan's Automotive News β