National carmaker Proton Holdings Bhd today inked a new memorandum of agreement (MOA) with Smart Automobile Co Ltd, a joint venture between Mercedes-Benz and Geely Group, at the 2023 China-Asean Expo in Nanning, China. 

Under the new MOA, both parties are to study the feasibility of locally assembling smart vehicles at Proton’s Tanjung Malim plant, it said in a statement yesterday. 

It said the signing comes...