Shanghai (Gasgoo)- On May 13, iMotion Technology's wholly-owned Singapore subsidiary, iMotion Automotive Technology (Singapore) Pte. Ltd., signed two joint venture agreements with Malaysian automotive components leader Delloyd Technology Berhad ("Delloyd"), according to a post on iMotion's WeChat account. The two sides will establish separate joint ventures in Malaysia focused respectively on manufacturing and sales.
Through this partnership with a strategic local player, iMotion aims to build a localized operational system in Southeast Asia, expand its overseas footprint, and strengthen the resilience of its international strategy.
The manufacturing joint venture plans to build an electronics device production facility in Klang, Selangor. It will introduce advanced surface-mount technology (SMT) lines and assembly and testing lines to design and produce PCBA (printed circuit board assembly) products. These will include iMotion's advanced driver-assistance systems (ADAS) as well as other contract manufacturing products.
Malaysia's auto parts industry has historically focused on plastic, polymer, and basic electronic components. Leveraging its experience in designing and manufacturing high-performance ADAS in China, iMotion will empower the manufacturing joint venture with industry-leading production technology and quality control, enhancing its competitiveness in the local market.
The sales joint venture will serve as the exclusive distributor for products manufactured by the production joint venture. It will leverage Delloyd's extensive sales network, built over 40 years of strategic partnerships with both domestic and international OEMs, to drive market expansion in Malaysia and across the ASEAN region.
