As part of the launch of the new National Automotive Policy (NAP) today, the Ministry of International Trade and Industry (MITI) has released its targets over the next 10 years.
Among other things, the ministry hopes to grow the total industry volume to 1.22 million units and the total production volume to 1.47 million units by 2030. These numbers should include passenger and commercial vehicles as well as motorcycles, if the previous NAP’s targets were anything to go by.
This represents a mild increase over the 2014 projections of one million units and 1.35 million units respectively. Last year, the automotive industry sold 604,297 vehicles and produced 571,632, although these figures do not include motorcycles.
The ministry is banking on an increase in exports of completely built up (CBU) vehicles, which are expected to bring in RM12.3 billion in ten years. All in all, MITI targets a contribution of RM104.2 billion from the automotive industry to Malaysia’s gross domestic product (GDP) by 2030.
Exports of locally-made components are also expected to rake in RM28.3 billion fo new automotive parts and RM10 billion for remanufactured parts. In terms of employment, MITI says the NAP 2020 should create 323,000 new jobs, including 128,000 in manufacturing, 46,000 in the aftermarket, 30,000 in the robotics sector, 44,000 in the Internet of things (IoT) sector and 75,000 in the mobility-as-a-service (MaaS) sector.
Also listed are the creation of new research and development facilities, including a full-fledged Vehicle Type Approval (VTA) testing centre, an Electric Vehicle Interoperability Centre (EVIC), an autonomous/automatic vehicle test bed, a virtual design centre, an additive manufacturing (i.e. 3D printing) design centre, a robotics and artificial intelligence centre, a big data analytics (BDA) centre, a digital twin centre and a technology academy in the field of automobiles and overall mobility.
The broader strokes of NAP 2020 were revealed today, with seven roadmaps having been detailed in the field of Next Generation Vehicles (NxGVs), Mobility as a Service (MaaS) and Industry 4.0. The plan will also incorporate the development of Automated, Autonomous, Connected Vehicles (AACV), lightweight material technology as well as hybrid, electric and fuel cell vehicles. Read more here.
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Are you KIDDING ??
ALL automative GAINTS are struggling. Yet MALAYSIA with its BIG DREAMS !
Famous Saying :- DO WHAT YOU ARE GOOD AT !!
Rakyat is tired of grand marketing plans that are just a load of crap.If u want to learn about marketing,go study Prof.Philip Kotler’s books on marketing.
TALK 3 TALK 4…WHAT WE WANT IS LOWER CAR TAXES,LOWER ROAD TAX,LOWER FUEL PRICES.
If Pakatan HALANGAN CANNOT deliver a simple promise,just accept you are a ONE TERM REGIME.
Revert back to mining industry what forefathers did hundreth years ago?….Aurum, Ferum, Stannum…
Please keep calm and continue listen to our Propaganda of Hope.
KEEPING CALM? How can rakyat keep calm when they keep ditching out ancient policies to enrich cronies,like protiga and flying cars?
Hello,it is abnormal to keep calm.I have a relative needing 2 jobs to feed his small family and yet the PH cronies are lobbying day and night for mega projects,thinking the rakyat are stupid to swallow all these garbage.
Ironically Advance Automotive Giants are already heading towards robotic automation and autonomous technologies which requires minimal labour intensive work. Why regress back to mid twentieth century automotive industry system solely based on labour intensive work?
Thank you Tun M for creating 323,000 new jobs for me and my countrymen.
More money for us too. he he he he he he he
How many locals willing to apply these 323,000 new jobs? Or else ends up again hiring foreign labours to fill in vacancies majority locals not willing to work for it? Outflow of monies to foreign coutries again and again…..
Plenty of locals would apply if they are paid living salaries, humane work conditions, and get treated like human beings and not robots. Oh wait, that only works for factories in Western civilised countries. Here the owners squeeze their workers to maximise profits.
When you consider all your woomeen will soon belong to us, we are the 323,000 locals that willing to take up these new jobs. Hail, my Tun M!
NAP 2.0 will be; crony diutamakan, rakyat kemahuan diketepikan.
1.22 million TIV????
ROTFLMAO……………a classic case of chest thumping.
macam manifesto…. baca boleh, percaya jangan, especially the part of creating new jobs
It is known that 80-90% of workers in the automotive sectors are foreign workers. If PH is intending to enrichen the citizen of these foreign countries, where does that leave us? In paupers?
pasti fAil sebelum start, then apa, pakai cukai money to bail out, hidup lama lama
Thought the direction of the NAP is correct especially the focus on green and sustainability.
oh yeah, another “feel-good-oh-so-syoik” policy.
The numbers sounds good. Just like failed vision 2020. Planned economy is akin to soviet style failed socialist policy where bureaucrats plan the economy from the top but the on the ground, it was total chaos and failure with food shortages and failed products.
No surprises when the Cabinet are filled with commies anyway. The USA paid for a regime change to a commie regime, how ironic.
If 2020 TIV 715000 units;
1) Perodua 250,250 units
2) Proton 143,000 units
3) Toyota 92,950 units
4) Honda 85,800 units
5) Nissan 35,750 units