In a move supporting Malaysia’s sustainable and electrified future, Sapura Industrial Berhad (SIB), through its subsidiary SIB Ventures Sdn Bhd, has signed a joint venture with Mili Tech Sdn Bhd to create SIB Mili Sdn Bhd. This partnership, solidified after initial feasibility studies following an April 2024 MOU, aims to advance Malaysia’s electric vehicle (xEV) industry by providing after-sales services, battery recycling, and talent upskilling. Operations will launch in Kajang, with three flagship service centers planned over the next three years. The venture aligns with Malaysia’s Low Carbon Mobility Blueprint and National Automotive Policy, aiming to drive EV adoption and sustainability.
Sapura and Mili Tech
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