PRO-NET gets RM200 million boost from CIMB to help further their Malaysian EV landscape

KUALA LUMPUR: PRO-NET, a subsidiary of Perusahaan Otomobil Nasional Sdn Bhd, has made a significant leap forward in Malaysia's electric vehicle (EV) landscape with a RM200 million investment from CIMB Bank Berhad.

This funding is not merely financial; it's a catalyst for introducing the smart #1, a premium EV, to Malaysia's roads, marking a big stride towards sustainable mobility.

The smart #1, conceived through the innovative prowess of Geely and the design expertise of Mercedes-Benz, is more than an electric vehicle locally. It represents a comprehensive mobility ecosystem encompassing 13 dealership locations, superior aftersales services, and the innovative 'Hello smart' digital application, which connects users to an expansive public charging network.

This initiative by PRO-NET transcends the mere selling of vehicles. It signifies a fundamental shift towards the New Energy Vehicle (NEV) era and contributes to the development of the Automotive High Tech Valley in Tanjong Malim. It embodies the transformation of mobility, aligning with PROTON's commitment to green transportation solutions.

Roslan Abdullah, a board member of PRO-NET, acknowledges CIMB's instrumental role in this initiative, emphasizing the partnership's significance beyond financing. It's a venture that fosters consumer confidence in electric vehicles and heralds a new chapter in automotive innovation.

The collaboration with CIMB enables PRO-NET to enhance its digital infrastructure, broaden its EV network, and refine the retail experience, aligning with the increasing demand for electric vehicles and Malaysia's carbon neutrality goals.

Novan Amirudin, Co-CEO of Group Wholesale Banking at CIMB Group, expressed pride in supporting PRO-NET's vision, highlighting the initiative's alignment with CIMB's commitment to sustainable finance solutions and its ambition to lead in sustainability within ASEAN.

This collaboration is not just about offering competitive auto financing rates and EV privileges. It's an invitation to be part of a movement towards a more sustainable, innovative, and purpose-driven future in mobility.

PRO-NET, under the aegis of Perusahaan Otomobil Nasional, is dedicated to pioneering the new energy automotive ecosystem. Through distributing cutting-edge New Energy Vehicles and providing a comprehensive range of EV charging solutions and services, PRO-NET is shaping a sustainable future for mobility in Malaysia and Thailand.

Zhang Qiang, the CEO of smart Malaysia, expressed pride in the company's early achievements, emphasizing the brand's customer-first approach. "Innovation and customer-centricity are fundamental to our core values. Our commitment to pushing the boundaries of excellence and delivering exceptional products and services to our customers remains unwavering," said Zhang during their 100 days of operation milestone.

The expansion of the dealership network is also another testament to smart Malaysia's growth, with plans to increase the number of dealerships, including a premiere center in East Malaysia.

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