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Home News Insights NAP 2020: What Do the "Rakyat" Want to See? NAP 2020: What Do the "Rakyat" Want to See? Insights Gokul | February 24, 2020 03:10 pm The new National Automotive Policy (NAP 2020) was just announced last week after much anticipation, and as we expected, it raised more questions than answers. In brief, here are the key takeaways: The NAP 2020 has “three main directions”: Technology and Engineering, Investment, and Market Expansion. The NAP 2020 has “three main strategies”: Value Chain Development, Human Capital Development, and Safety, Environment and Consumerism. It consists of seven roadmaps/ blueprints that detail out the implementation plan. The roadmaps will continuously be reviewed and updated to keep up with new tech and global trends. Customised incentives mechanism (which opaquely dictates the pricing of new CKD vehicles) will be continued based on cost-benefit analysis and investor proposals. The government will introduce elements of consumer rights and protections related to spare parts, maintenance, and recalls. The NAP 2020 will be followed through with numerous outreach campaigns, conferences, and stakeholder engagements. The government has also identified key targets which it hopes it will achieve by 2030: Total GDP Contribution: RM104.2 billion (Currently around 40 billion) Total Industry Volume (Passenger and Commercial Vehicles): 1.22 million units (604.2k in 2019) Total production volume (Passenger and Commercial Vehicles): 1.47 million units (571.6k in 2019) Exports of Motor Vehicles (CBU): RM 12.3 billion Exports of New Automotive Parts & Components: RM28.3 billion Exports of Remanufactured Parts & Components: RM10 billion Total new employment opportunities: 323,000 If the government really goes all-out and pushes to achieve all of the above, it could translate into a couple of things like more affordable next generation vehicles (NxGV) and more job opportunities in the automotive industry. More than flying cars and self-driving cars, what the rakyat really want are more affordable EEVs and of course, more job opportunities which you know, can help a lot of folks actually buy a car in the first place. How do we know this? Well, Carlist.my actually ran a poll on our Facebook page on the day the NAP 2020 was announced, asking our readers what is the outcome they are expecting to see through the plan, and the two highest responses were “cheaper EEVs” and “job opportunities”. While nothing much was shared on how the government plans to achieve all the goals listed above, we do hope that they materialise, as it would bring Malaysia up to speed with the global automotive landscape, and also boost our economy. That being said, what would you like to see from NAP 2020? Let us know! ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags NAP NAP 2020 Print Related News NAP 2020: A Roadmap To More Questions? Auto News Arvind | February 21, 2020 The National Automotive Policy (NAP) 2020 has officially been launched. The NAP 2020 essentially expands on the guidelines of the outdated NAP 2014 ... MITI x MARii - Growth Expected In 2020 For Automotive Sector Auto News Arvind | March 04, 2020 The Ministry of International Trade and Industry (MITI), together with the Malaysian Automotive Robotics and IOT Institute (MARii) have announced ... MITI Mulling A National Automotive Council Auto News Arvind | March 04, 2020 While officiating a joint press event between MITI and the Malaysian Automotive Robotics and IOT Institute (MARii), Deputy Secretary YBhg. Dato' Sri ... MARii Announces A New Policy To Accelerate EV Industry Auto News Arvind | May 27, 2021 During a roundtable with the EU-Malaysia Chamber of Commerce and Industry, the CEO of Malaysia Automotive, Robotics & IoT Institute (MARii) Dato ... Comments
NAP 2020: What Do the "Rakyat" Want to See? Insights Gokul | February 24, 2020 03:10 pm The new National Automotive Policy (NAP 2020) was just announced last week after much anticipation, and as we expected, it raised more questions than answers. In brief, here are the key takeaways: The NAP 2020 has “three main directions”: Technology and Engineering, Investment, and Market Expansion. The NAP 2020 has “three main strategies”: Value Chain Development, Human Capital Development, and Safety, Environment and Consumerism. It consists of seven roadmaps/ blueprints that detail out the implementation plan. The roadmaps will continuously be reviewed and updated to keep up with new tech and global trends. Customised incentives mechanism (which opaquely dictates the pricing of new CKD vehicles) will be continued based on cost-benefit analysis and investor proposals. The government will introduce elements of consumer rights and protections related to spare parts, maintenance, and recalls. The NAP 2020 will be followed through with numerous outreach campaigns, conferences, and stakeholder engagements. The government has also identified key targets which it hopes it will achieve by 2030: Total GDP Contribution: RM104.2 billion (Currently around 40 billion) Total Industry Volume (Passenger and Commercial Vehicles): 1.22 million units (604.2k in 2019) Total production volume (Passenger and Commercial Vehicles): 1.47 million units (571.6k in 2019) Exports of Motor Vehicles (CBU): RM 12.3 billion Exports of New Automotive Parts & Components: RM28.3 billion Exports of Remanufactured Parts & Components: RM10 billion Total new employment opportunities: 323,000 If the government really goes all-out and pushes to achieve all of the above, it could translate into a couple of things like more affordable next generation vehicles (NxGV) and more job opportunities in the automotive industry. More than flying cars and self-driving cars, what the rakyat really want are more affordable EEVs and of course, more job opportunities which you know, can help a lot of folks actually buy a car in the first place. How do we know this? Well, Carlist.my actually ran a poll on our Facebook page on the day the NAP 2020 was announced, asking our readers what is the outcome they are expecting to see through the plan, and the two highest responses were “cheaper EEVs” and “job opportunities”. While nothing much was shared on how the government plans to achieve all the goals listed above, we do hope that they materialise, as it would bring Malaysia up to speed with the global automotive landscape, and also boost our economy. That being said, what would you like to see from NAP 2020? Let us know! ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags NAP NAP 2020
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
NAP 2020: A Roadmap To More Questions? Auto News Arvind | February 21, 2020 The National Automotive Policy (NAP) 2020 has officially been launched. The NAP 2020 essentially expands on the guidelines of the outdated NAP 2014 ...
MITI x MARii - Growth Expected In 2020 For Automotive Sector Auto News Arvind | March 04, 2020 The Ministry of International Trade and Industry (MITI), together with the Malaysian Automotive Robotics and IOT Institute (MARii) have announced ...
MITI Mulling A National Automotive Council Auto News Arvind | March 04, 2020 While officiating a joint press event between MITI and the Malaysian Automotive Robotics and IOT Institute (MARii), Deputy Secretary YBhg. Dato' Sri ...
MARii Announces A New Policy To Accelerate EV Industry Auto News Arvind | May 27, 2021 During a roundtable with the EU-Malaysia Chamber of Commerce and Industry, the CEO of Malaysia Automotive, Robotics & IoT Institute (MARii) Dato ...