UMW Toyota Motor Sdn Bhd (UMWT) is poised to embrace a comprehensive and diversified strategy in the realm of electric vehicles (EVs), recognising the need to address critical factors within the local EV market.
The subsidiary of UMW Holdings Bhd, which is involved in the assembly, marketing and exclusive distribution of Toyota and Lexus cars, believes the keys among these are the need for widespread infrastructure, including a nationwide public charging stations network, and improving the affordability of EVs to make them more accessible to a broader consumer base.