KUALA LUMPUR: CSH Alliance Bhd's (CAB) wholly-owned Alliance EV Sdn Bhd (AESB) has signed a memorandum of understanding with BYD Malaysia Sdn Bhd (BMSB) for the distribution and assembly of fully electric commercial vehicles and sales, service, spare parts and body and paint (4S) services.
CAB hopes to revolutionise the nation's logistics industry by assisting industry players in embracing modern technology and adopting zero-emission commercial electric cars through the collaboration.
At this juncture, AESB will be distributing and supplying the BMSB T3 Model, a pure electric logistics vehicle with low energy consumption and high performance, including after-sales service and spare parts and warranty packages.
One of the clients for this EV is Line Clear Express & Logistics Sdn Bhd, a logistics and courier company in which CSH owns 15 per cent equity interest, and these EVs will be used in metropolitan areas such as Klang Valley, Johor Bahru and Penang.
CAB executive director Peter Yap said the future is rapidly going electric, and the booming logistics industry is a huge potential market.
Yap said vans and trucks only made up one per cent of the total EV sales globally, and many leading logistics companies have already declared their commitment to reducing carbon emissions and going zero-carbon concerning electric vehicles.
"Besides the EV distribution itself, CAB also plans to consider supplying charging stations, energy diversification into solar panels and spare parts business and building the ecosystem to make this EV business a success.
"With strong partners such as BMSB, which has led industry innovation in new energy vehicles, we will be able to transform the transportation industry and eliminate fossil fuels," he added.