The National Automotive Policy (NAP) 2018 is work in progress and will be announced by the middle of the year, minister of international trade and industry Datuk Seri Mustapa Mohamad said. He was briefing the media and stakeholders at the Updates on the Automotive Industry 2017 and Outlook in 2018 event held in Kuala Lumpur today.

The current NAP was announced in 2014, and the main focus then was on Energy Efficient Vehicles (EEVs). That push has been successful – according to data released by MITI today, EEV penetration increased for the fourth straight year in 2017, reaching 52% of vehicles sold in the country. That’s 2% higher than the target set and a jump of nearly 10% from 2016. Adoption rate is expected to touch 60% (350,000 units) in 2018.

The regulators, MITI and the Malaysian Automotive Institute (MAI), are currently having consultations with auto industry stakeholders and are not yet ready to share details of NAP 2018. However, presentation slides reveal the main pillars of the future roadmap – connectivity, mobility, next-generation vehicles, big data and lifestyle. All very current and very broad terms, so we’ll have to wait for the full reveal.

Also spotted among the wealth of figures presented today are expected 2018-2022 (likely the NAP 2018 period) committed localisation value of RM15 billion and committed investments of RM3.99 billion. From 2014-2017, the committed localisation value was much greater at RM43.67 billion, which hints at most of the localisation work being already done. Our mature auto market attracted RM7.6 billion of realised investments from 2014 to 2017.

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