CleanTechnica•11 days ago
XPENG to Begin Local Assembly in Malaysia by Mid-2026
- •XPENG is establishing an EV assembly plant in Malacca, Malaysia, with production commencing mid-2026, representing a significant new industrial electricity demand for the region.
- •This expansion signals growing EV market penetration in Southeast Asia, which will drive increased demand for charging infrastructure and grid capacity.
- •The project creates opportunities for power developers and IPPs to supply reliable, potentially low-carbon, electricity to the manufacturing facility and support the broader EV ecosystem.
emissionsfinancingoem