Naza, GE MoU

Kuala Lumpur, 6 May 2011 – GE and Naza today signed a MoU to explore common initiatives of strategic interest between the two companies. The areas of potential collaboration are electric vehicle (EV) sector, the implementation of sustainable property development and healthcare services.  GE ASEAN was represented by CEO, Stuart Dean and Naza by Zakaria Ismail, Group Corporate Affairs Director.

“GE is excited at the prospect of working together with diversified Malaysian conglomerate like Naza. There are many parallels in our businesses that provide opportunities to deploy new technology and innovation to the market, while supporting the delivery of the country’s national imperatives. For example, the EVs are set to revolutionize the automotive industry worldwide and locally, we will tap into Naza’s experience and penetration in the local auto industry,” said Stuart Dean.

With GE’s expertise in EV vehicle, charging station, electric system and battery, this collaboration will engage in utilizing GE battery technologies in Naza electric vehicle manufacturing line.