Malaysia gets new automotive spare parts brand, Tekhne

KUALA LUMPUR: With an expanding automotive market, Malaysia’s automotive spare parts market is also growing (including both OEM and REAM parts market for 2- and 4-wheelers). Primary factors contributing to this growth are increased vehicle sales, aftermarket services, and automotive product players. Furthermore, Malaysia is experiencing substantial growth in the used car market, which directly influences the demand for replacement parts.

All of this is contributing to the flush of new players entering the market bringing in better quality products at competitive prices.

One such new automotive spare parts brand is Tekhne by Hong Leong Industries (HLI) that recently entered the local market.

“Our journey into the automotive spare parts industry reflects not only our dedication to innovation and growth, but also our steadfast commitment to providing our customers with the highest standards of quality and reliability. With Tekhne, we embark on a path of boundless opportunities, aiming to pioneer advancements in technology and design while ensuring optimal vehicle performance and safety for the road ahead to success,” said HLI Group Managing Director, Professor Dato’ Dr. Jim Khor.

Here are the key highlights and offering by Tekhne –

• Tekhne offers a wide range of OEM (Original Equipment Manufacturer) and REM (replacement equipment manufacturer) parts for both two- and four-wheelers
• Currently its main focus is on producing spare parts for two-wheelers
• In the future, Tekhne will be offering spare parts for cars as well
  
  Electric vehicle spare parts is also on the company’s future agenda
• It’s long term plans includes setting up its own R&D center
• As for expansion and growth, Tekhne aims to expand its business to other ASEAN countries and globally as well

Mr Chong Chee Kong, Tekhne’s General Manager further explained the company’s vision saying, “At Tekhne, our commitment lies in providing a premium range of products tailored to meet the needs of our Malaysian customers. Through collaborations with esteemed partners, both locally and internationally, we ensure that our products uphold the highest standards of excellence and customer satisfaction. Looking ahead, we are poised to expand our footprint into the broader ASEAN region and subsequently tap into global markets.”

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