EV in Malaysia: Policy shifts towards local assembly, early adopters to benefit

🌐 Borneo Post (MY) —
EV in Malaysia: Policy shifts towards local assembly, early adopters to benefit

AI Summary

Malaysia’s electric vehicle market is shifting due to policy changes focusing on local assembly, benefiting early adopters. These shifts mark a transition from fully-imported affordable EVs to a more localized manufacturing ecosystem.

KUCHING (June 24): Malaysia’s electric vehicle (EV) transition is reaching an inflection point as policy changes push the market away from affordable fully-imported EVs and towards a more localised manufacturing ecosystem, benefiting early adopters. In a note date June 23, the research arm of Kenanga Investment Bank Bhd (Kenanga Research) shared that they had [...] The post EV in Malaysia: Policy shifts towards local assembly, early adopters to benefit appeared first on Borneo Post Online.

Markets Deals AI & Tech Energy Malaysia electric vehicles EV policy local assembly market transition early adopters

Read original source →