M’sia making inroads into electric vehicle segment


PETALING JAYA: Malaysia is still considered an attractive investment destination for global automotive investors, despite still trailing in the electric vehicle (EV) race when compared with its regional counterparts.

Maybank Investment Bank Research (Maybank IB) in a report yesterday said that while Malaysia’s National Automotive Policy (NAP) has been ambiguous on its EV roadmap, Malaysia has still continued to catch the eye of global automotive powerhouses such as Porsche AG.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Malaysia , electric vehicle , EV , Porche , Hyundai , Sime Darby , Inokom ,

   

Next In Business News

Radium’s net profit up to RM4.8mil in 3Q
7-Eleven’s quarterly revenue climbs
SimeProp seeks quality assets for recurring income
Lower interest costs buoy TSH nine-month showing
Zetrix a profit driver for MyEG Services
NFO segment to sustain Sports Toto’s earnings
Thong Guan spreading its wings to Europe, America
Hap Seng bottom line in four-fold rise
Mixed views on PetChem on higher interest expense
No new impetus seen for JETP under Trump

Others Also Read