Tag Archives: MCE Holdings

NEWS

MCE clinches RM54.28 million Perodua contracts to supply audio, ADAS components

MCE Holdings Berhad has secured RM54.28 million in 40-month supply contracts from Perodua to supply
various automotive electronics and mechatronic components, including audio display, reverse camera and advanced driver assistance systems (ADAS) related components for an internal combustion engine (ICE) model.

The project marks MCE’s first vehicle audio display and ADAS-related components project for an ICE vehicle, building on its existing capabilities in infotainment systems for EVs and broadening its portfolio of higher-value components and systems.

The contracts were awarded to MCE’s wholly owned subsidiary Multi-Code Electronics Industries (M) Bhd, with production slated to begin in the fourth quarter of the financial year ending 31 July 2027.

Production will be carried out at the Group’s newly launched MCE Auto Hub in Serendah, Selangor, with an estimated total investment cost of RM4.95 million.

Group Managing Director Datuk Wira Dr Goh Kar Chun, said: “Our long-standing relationship with Perodua has given us the opportunity to grow alongside them, enabling MCE to progressively take on more sophisticated products, build our design and manufacturing capabilities and move up the automotive value
chain.”

“This latest contract further expands the range of our products we supply as we progressively ramp up production and capacity utilisation at the newly launched MCE Auto Hub in Serendah.”

“We remain committed to working closely with PERODUA to drive greater localisation of automotive electronics and systems, supporting the Government’s aspiration to build a more competitive automotive ecosystem and position Malaysia as a regional hub for next-generation vehicles,” Goh added.

EV, NEWS

Perodua’s first EV set to be launched in 2025, MCE Holdings secures component supply contract

Leading Original Equipment Manufacturer (OEM) components manufacturer, MCE Holdings Berhad and its subsidiary company have announced the acquisition of a contract worth RM19.6 million from Perodua to supply various electronic and mechatronic components for Perodua’s first EV model.

These include multimedia display units, instrument cluster panels, advanced driver assistance systems, function switches, interior lighting systems, and many more.

According to MCE, the three-year contract will commence in the second quarter of the company’s financial year, ending on July 31, 2026.

This aligns with previous reports where Perodua planned to commence production of its first EV model by late 2025.

Showcased at the Malaysia Autoshow 2024, Perodua revealed a concept model named emo-1.

As per specifications, the emo-1 is powered by a 68 PS and 220 Nm electric motor, paired with a 55.7 kWh battery pack that allows for a range of up to 350 km on a full charge.

This EV also supports AC charging of up to 11 kW, or fast DC charging up to 50 kW.

Perodua had previously announced that the development of this first EV project was done in collaboration with three local universities, namely Universiti Tenaga Nasional (UNITEN), Universiti Kuala Lumpur, and Universiti Putra Malaysia (UPM).

Meanwhile, power conversion technology development was conducted with technical partners from Australia whose identity has not yet been disclosed.

It is understood that the selling price of this Perodua EV will range from RM50,000 to RM100,000.