KUALA LUMPUR, April 1 — DRB-Hicom Bhd and Zhejiang Geely Holding Group Co Ltd have signed a heads of agreement to reinforce the next phase of collaboration between the two companies.
“The focus of the HoA is the development of an integrated automotive city that will give birth to a hub for a new energy vehicle industry,” it said, adding that the AHTV will occupy an area of about 404.69 hectares and will be expanded accordingly to cater for future needs.
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