Collaborations of DRB-HICOM Berhad
DRB-HICOM Berhad is a prominent Malaysian automotive and logistics conglomerate involved in numerous collaborations, especially in the automotive sector. These collaborations have been instrumental in advancing Malaysia's automotive industry and expanding its market reach internationally. Here, we explore some key collaborative ventures associated with DRB-HICOM.
Proton Holdings and Zhejiang Geely Holding Group
A notable collaboration is with Proton Holdings, Malaysia's national car manufacturer. In 2017, DRB-HICOM sold a 49.9% equity stake in Proton to Zhejiang Geely Holding Group, a Chinese automotive giant. This strategic partnership aimed to revitalize Proton by leveraging Geely's technology and experience in the global automotive market. Geely's involvement has led to the creation of new models, such as the first Geely-based Proton vehicle, which have been well-received in both domestic and international markets.
DefTech and FNSS Savunma Sistemleri
DRB-HICOM, through its subsidiary DRB-HICOM Defence Technologies (DefTech), has collaborated with FNSS Savunma Sistemleri, a Turkish defense contractor. This partnership involves the manufacturing and supply of military vehicles such as the FNSS ACV-15, which is produced under license by DefTech in Malaysia. This collaboration underscores DRB-HICOM’s role in enhancing Malaysia's defense capabilities through advanced vehicle technologies.
Proton and Honda Motor Company
In another significant partnership, Proton Holdings embarked on a collaborative agreement with Honda Motor Company. This collaboration was aimed at sharing technology and platforms, which resulted in the development of vehicles like the second generation Proton Perdana. Proton was able to utilize Honda's platform and powertrain technologies, thereby improving the quality and competitiveness of its vehicles.
Lotus Cars Ownership
DRB-HICOM was once the owner of Lotus Cars through its ownership of Proton Holdings. Although Proton sold Lotus to Geely in 2017, DRB-HICOM's previous ownership provided Lotus with the resources needed to develop new models and expand into new markets. Lotus, a British manufacturer of sports cars, benefited from Proton's and DRB-HICOM's investment during this period.
Pos Malaysia and Konsortium Logistik Berhad
DRB-HICOM also engaged in collaborations outside the automotive sector. Its acquisition of Pos Malaysia and Konsortium Logistik Berhad demonstrates its involvement in the logistics industry. These collaborations have allowed DRB-HICOM to expand its logistics and postal services, enhancing its operational capabilities and service delivery.
Rapid Bus and Intrakota Komposit
In the public transportation sector, DRB-HICOM previously owned Intrakota Komposit Sdn Bhd, which was involved in operating bus services in Malaysia. This venture laid the groundwork for the establishment of Rapid Bus, which now serves as a major public transportation operator in the country.