A company identified as “China Matrix Technology Group-Horche Intelligent Automobile” (“CMTGHIA”) plans to set up an electric vehicle (EV) assembly plant in Koh Kong province to serve the domestic market, according to the provincial administration, as the central government prepares an Automotive and Electronics Sector Roadmap and supporting policy for EV development.
The government is pressing ahead with at least four of the 20 priority initiatives outlined in the draft Automotive and Electronics Sector Roadmap, in a bid to promote economic diversification with a focus on consistency with regional and global economic dynamics.