EP Manufacturing

What EP Manufacturing does

EP Manufacturing Berhad (EPMB) is a Malaysia-domiciled, Bursa Malaysia-listed automotive manufacturing group (KLSE:7773) that has evolved from a Tier-1 automotive components supplier into a vertically integrated CKD (Completely Knocked Down) vehicle assembly partner for international automakers. Founded in 1996 and headquartered in Shah Alam, EPMB operates through wholly-owned subsidiaries including Peps-JV (Kedah, Selangor, Melaka) and EP Polymers (Perak), with its flagship vehicle assembly facility located in Alor Gajah, Melaka.

The core product is contract vehicle assembly and localized component manufacturing supporting multiple powertrain technologies — ICE, HEV, PHEV, and BEV — from a single integrated base. Phase 2 of the Melaka plant (launched December 2025) raised annual capacity from 6,000 to 30,000 units, and a RM200 million in-house painting facility in Pegoh, Melaka (commercial operations targeted June 30, 2027) will add approximately 30,000 vehicle bodies of paint capacity. Key production programs include the GWM H6 HEV (over 6,000 units since Q4 2023), BAIC (full production from January 2026), SAIC Motor's MG S5 BEV (local assembly launched March 2026), and XPeng G6 and X9 EV models (mass production from 2026).

EPMB operates a B2B contract manufacturing model under which OEMs (predominantly Chinese automakers targeting ASEAN right-hand-drive markets) pay EPMB for CKD assembly, with pricing negotiated individually per program and not publicly disclosed. Distribution of finished vehicles is handled entirely by the OEM partners through their own dealer networks in Malaysia and broader ASEAN; EPMB does not sell directly to end consumers. Revenue is therefore driven by unit volumes shipped per OEM program, component content localized, and value-add services (assembly, painting) performed per vehicle, with a multi-year pipeline visible through announced 2026-2027 launches and the 2027 paint facility ramp.

Name

EP Manufacturing

Legal name

EP Manufacturing Berhad

Website

https://epmb.com.my

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

EP Manufacturing Berhad is a Malaysian-listed automotive group that provides vertically integrated CKD vehicle assembly, component localization, and painting for international automakers — primarily Chinese OEMs such as GWM, BAIC, SAIC/MG, and XPeng — targeting ASEAN right-hand-drive markets.

Ownership category

akta.pro rank

Product category

Automotive Contract Manufacturing

NAICS

Motor Vehicle Manufacturing (3361), Motor Vehicle Parts Manufacturing (3363)

akta.pro primary industry

Hydrogen Fuel Cell Electric Vehicle (FCEV) Manufacturing (IMACACAJ)

Keywords

• Contract vehicle manufacturing
• CKD vehicle assembly
• Automotive components
• Electric vehicle assembly
• Polymer manufacturing

Headquarters

HQ city

Shah Alam

HQ country

Malaysia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Vehicle Assembly Services: Contract manufacturing fees for assembling vehicles for international automakers. EPMB provides CKD assembly services, charging partners for vehicle production based on agreed terms.
2. Component Manufacturing: Manufacturing and supply of automotive components, originally the company's core business as a Tier-1 supplier before expanding into vehicle assembly.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

EP Manufacturing Berhad (EPMB) provides vertically integrated contract vehicle assembly (CKD) and automotive component manufacturing services for international automakers, primarily Chinese OEMs including Great Wall Motor, BAIC, SAIC Motor's MG brand, and XPeng. The company supports multiple powertrain technologies (ICE, HEV, PHEV, BEV) from its Malaysia-based facilities and operates through subsidiaries producing automotive components, polymer products, and industrial parts. Its Melaka plant has 30,000-unit annual capacity following Phase 2 expansion, with an RM200 million paint facility targeting commercial operations by June 2027.

Product overview

EP Manufacturing Berhad (EPMB) is a Malaysian automotive manufacturing group that has evolved from a Tier-1 components supplier into a vertically integrated vehicle assembly partner. The company operates through its Melaka manufacturing plant (Phase 2 capacity: 30,000 units/year) and multiple subsidiaries producing automotive components, polymers, and industrial parts. EPMB's product portfolio centers on complete vehicle manufacturing services including assembly, painting, and component localization for multiple powertrain technologies (ICE, HEV, PHEV, BEV). Key partnerships include Great Wall Motor (H6 HEV - over 6,000 units produced), BAIC (production from January 2026), SAIC Motor's MG brand (S5 BEV assembly), and XPeng (G6 and X9 EV assembly from 2026). A new RM200 million painting facility in Pegoh, Melaka (targeting June 2027) will add in-house body painting capabilities to complete the vertically integrated manufacturing ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• CKD Vehicle Assembly Services Complete vehicle assembly services using CKD (Completely Knocked Down) manufacturing, combining component localization, vehicle assembly, and painting operations across multiple powertrain technologies (ICE, HEV, PHEV, BEV). Contracted by international automakers including GWM, BAIC, MG (SAIC), and XPeng for localized production in ASEAN.
• Automotive Components Manufacturing Tier-1 automotive component manufacturing and supply, the company's original core business. Produces automotive components and assemblies for global automakers and related industries through subsidiaries including Peps-JV (M), Peps-JV (Kedah), and Peps-JV (Melaka).
• Polymer Products Manufacturing Polymer and plastic product manufacturing produced by EP Polymers (M) Sdn. Bhd. at the Tanjong Malim, Perak facility. Supplies polymer components for automotive and related industries as part of EPMB's diversified product portfolio.

Quantifiable outcome

• Annual production capacity increased from 6,000 to 30,000 units with Phase 2 launch
• +1 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• SAIC Motor (MG Brand)coreStrategic or Co-development Partner · 10 March 2026Local assembly of MG S5 BEV launched March 2026. MG vehicle pilot production begins February 2026. Partnership for vehicle assembly in Malaysia with focus on electric models.
• XPengcoreStrategic or Co-development Partner · 15 December 2025Strategic partnership for localized EV production in Malacca. Mass production scheduled for 2026. Agreement to assemble G6 and X9 electric vehicle models. XPeng's third foreign production site after existing facilities.
• Great Wall Motor (GWM)coreStrategic or Co-development Partner · 11 December 2025CKD assembly partnership for H6 HEV vehicles. Over 6,000 units produced and sold since Phase 1 broke ground in Q4 2023. Partnership demonstrates EPMB's transition from Tier-1 supplier to vehicle assembly partner.
• BAICcoreStrategic or Co-development Partner · 1 November 2025Pilot production completed November 2025 with full production scheduled for January 2026. BAIC vehicles assembled at EPMB's Melaka plant as part of localization strategy.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Inokom Corporation: Malaysian CKD vehicle assembler in Kulim, Kedah, producing vehicles for Hyundai, Mitsubishi, and Mazda. Most directly comparable peer as a Malaysian contract vehicle manufacturer serving global OEMs through CKD assembly.
• Proton: Malaysian national car manufacturer with assembly operations in Tanjung Malim and Shah Alam. Comparable as a Malaysian automotive assembler with deep tier-1 supplier heritage and similar manufacturing footprint.
• UMW Toyota Motor: Toyota's official assembler and distributor in Malaysia producing Toyota and Lexus models. Comparable CKD assembler serving a global OEM in the Malaysian market with established production capabilities.
• Honda Malaysia: Honda's official assembler and distributor in Malaysia. Comparable as an OEM-aligned CKD vehicle assembler operating in the Malaysian market, including hybrid and electrified models.
• Tan Chong Motor: Malaysian assembler and distributor for Nissan, Subaru, Mitsubishi, and Renault. Comparable as a Malaysian automotive group with multi-brand vehicle assembly operations and regional distribution.
• Berjaya Auto: Malaysian automotive group that previously assembled Hyundai vehicles and now focuses on distribution and assembly-adjacent operations. Comparable as a Malaysian-listed automotive business with CKD assembly heritage.
• Perodua: Malaysian national car manufacturer (Daihatsu JV) operating its own assembly plant in Rawang. Comparable as a major Malaysian automotive manufacturer with vertical integration across assembly and components.

Broad incumbents

• DRB-HICOM: Malaysian automotive conglomerate historically tied to Proton with interests across vehicle assembly, components, and defense. Broader incumbent with significantly larger scale and a wider portfolio than EPMB.

Regional players

• AutoAlliance Thailand: Joint venture between Ford and Mazda operating CKD vehicle assembly in Rayong, Thailand. Regional peer operating the same CKD assembly model for global OEMs in a competing ASEAN market.
• Mitsubishi Motors Thailand: Mitsubishi's CKD assembler in Thailand serving ASEAN markets. Regional peer with a similar CKD assembly business model for global OEMs in the broader ASEAN region and a comparable powertrain mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/peps-jv-m-sdn.-bhd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EP Manufacturing