Bermaz bags Xpeng distributorship in Malaysia - premium EV brand likely to kick off local range with G6
Home News Electric Vehicle EV RM20 billion EV investment targeted by 2025 RM20 billion EV investment targeted by 2025 Electric Vehicle EV Sep Irran Halid | February 16, 2023 03:16 pm Malaysia is planning to expand its EV industry by attracting RM20 billion worth of investments by 2025. So far, RM14 billion has been poured into the country's overall EV ecosystem from 2018 to 2022, particularly in some crucial points such as batteries, onboard charging, and the one that got us into that horrible 'range anxiety' feeling, charging infrastructure. RM40 billion investments by 2030 The Malaysia Investment Development Authority (MIDA) together with the Ministry of International Trade and Industry (MITI) is confident that the initial RM20 billion investment mark will be met before proceeding to the even bigger RM40 billion come 2030. MITI, in particular, will be leveraging the country's position as one of the top electrical and electronics manufacturers in the region in order to further expand Malaysia's EV ecosystem capabilities in the coming years. According to Tengku Datuk Seri Zafrul Abdul Aziz, "We have an established ecosystem, backed by solid R&D and standards facilities, through agencies such as SIRIM, as well as an established components' sub-sector that could service the whole EV value chain, comprising semiconductors, sensors, automotive electronics, transceivers, batteries, and auto assembly." These investments will also hopefully see the expansion of charging infrastructure from 900 charging stations that are currently available now to around 10,000 by 2025. That's just three years down the road, folks. Possible? ✕ 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 Malaysia EV Malaysia EV ecosystem Malaysia EV investment EV Electric Vehicle Electric Vehicle Malaysia Print Sep Irran Halid Content Producer Sep is a firm believer in the saying "Slow is smooth, smooth is fast" rather than "When in doubt, throttle it out". Drive safely, ride defensively, and most importantly, don't get hangry. Related News Sony Signs MoU With Honda To Make And Sell EVs By 2025 Auto News Adam Aubrey | March 09, 2022 Japanese technology giant Sony Corp has announced a partnership with Honda Motor Corp to develop and sell battery-powered electric vehicles by ... Is The MyKar Electric Vehicle Really Feasible? Insights Aswan | April 06, 2021 Electric vehicles are coming, but is MyKar really an appropriate solution? If you're the kind of person who has even a rudimentary interest in ... More affordable EVs to arrive later this year - RM120k okay or not? Electric Vehicle EV Sep Irran Halid | February 20, 2023 The rise of EVs here in Malaysia will see a lot more affordable models entering the market this year.Norazman Ayub, Deputy Secretary General of MITI ... Electric Car Factory To Open In 2016, Setting Up Malaysia As Regional EV Hub Auto News Jim Kem | May 18, 2015 A new electric vehicle production facility due to be built in Gurun, Kedah is set to place Malaysia in a prime position to become a regional hub for ... Comments
RM20 billion EV investment targeted by 2025 Electric Vehicle EV Sep Irran Halid | February 16, 2023 03:16 pm Malaysia is planning to expand its EV industry by attracting RM20 billion worth of investments by 2025. So far, RM14 billion has been poured into the country's overall EV ecosystem from 2018 to 2022, particularly in some crucial points such as batteries, onboard charging, and the one that got us into that horrible 'range anxiety' feeling, charging infrastructure. RM40 billion investments by 2030 The Malaysia Investment Development Authority (MIDA) together with the Ministry of International Trade and Industry (MITI) is confident that the initial RM20 billion investment mark will be met before proceeding to the even bigger RM40 billion come 2030. MITI, in particular, will be leveraging the country's position as one of the top electrical and electronics manufacturers in the region in order to further expand Malaysia's EV ecosystem capabilities in the coming years. According to Tengku Datuk Seri Zafrul Abdul Aziz, "We have an established ecosystem, backed by solid R&D and standards facilities, through agencies such as SIRIM, as well as an established components' sub-sector that could service the whole EV value chain, comprising semiconductors, sensors, automotive electronics, transceivers, batteries, and auto assembly." These investments will also hopefully see the expansion of charging infrastructure from 900 charging stations that are currently available now to around 10,000 by 2025. That's just three years down the road, folks. Possible? ✕ 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 Malaysia EV Malaysia EV ecosystem Malaysia EV investment EV Electric Vehicle Electric Vehicle Malaysia
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.
Sony Signs MoU With Honda To Make And Sell EVs By 2025 Auto News Adam Aubrey | March 09, 2022 Japanese technology giant Sony Corp has announced a partnership with Honda Motor Corp to develop and sell battery-powered electric vehicles by ...
Is The MyKar Electric Vehicle Really Feasible? Insights Aswan | April 06, 2021 Electric vehicles are coming, but is MyKar really an appropriate solution? If you're the kind of person who has even a rudimentary interest in ...
More affordable EVs to arrive later this year - RM120k okay or not? Electric Vehicle EV Sep Irran Halid | February 20, 2023 The rise of EVs here in Malaysia will see a lot more affordable models entering the market this year.Norazman Ayub, Deputy Secretary General of MITI ...
Electric Car Factory To Open In 2016, Setting Up Malaysia As Regional EV Hub Auto News Jim Kem | May 18, 2015 A new electric vehicle production facility due to be built in Gurun, Kedah is set to place Malaysia in a prime position to become a regional hub for ...