Proton said the first model of the imported EVs by smart would be available in Malaysia in the fourth quarter of 2023.
With the agreement, Proton will be the exclusive distributor in the two countries for smart, which is a premium EV joint-venture company between German-based Mercedes-Benz and China-based Geely Group.
“It is a premium product and when it is compared with other EV brands – it’s difficult to imagine that it would be priced below RM150,000 per car,” he added.CLICK TO ENLARGE Proton CEO Li Chunrong said: “This marks a big step for Proton’s entry into the new energy vehicle market. The company also announced plans to invest in an EV charging network including the installation of domestic units for customers to charge their vehicles at home.
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