Malaysia aims to attract greater investment from Chinese companies for the development of its own electric vehicle sector, in order to build the infrastructure which will in turn enable the more widespread adoption of EVs, Malaysian transport minister Anthony Loke Siew Fook said, according to The Star.
At present, the development of supporting infrastructure for electric vehicles presents a major hurdle for Malaysia, however the government is seeking to overcome this by encouraging companies with the relevant expertise and technology to set up their operations in the country, Loke said in an interview with Xinhua.
Electric vehicles are a “major trend” that will shape the development of public transport and personal mobility, for which Malaysia must prepare itself, the transport minister said.
“Our industrial policies are encouraging more EV-related industries to be relocated to Malaysia, especially on producing batteries in Malaysia. There are incentives in place to encourage more companies to relocate to Malaysia, and I was made to understand that there are a lot of Chinese companies who are actually interested to invest in Malaysia in terms of putting their plants here,” Loke said.
Any infrastructure that is put in place must be carried out with sustainability in mind and with an eye on integration and interconnectivity, the transport minister said, and the drive for EVs being part of the Malaysian government’s plans to improve the transport sector would spur greater economic activity, the transport minister said in the Xinhua interview.
“We must look at the transportation sector not just as transporting from A to B, but more as an economic multiplier. It must bring value to economic development, [and] bring value to that particular region and area [where] you have that transportation network. So, whatever transportation project [we carry out], we must look at the economic side of it,” Loke was quoted as saying.
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It seems like they have not gotten the lesson by looking at totalitarian undemocratic country. Remember how the supply issues caused by the great leader that chose to close and open the border at whims. Others are decoupling and moving out after suffering for so long.
Don’t close border, blame them for exporting virus. Close border, blame them disrupt the supply chain and people don’t have freedom. Reopen, blame them again…., typical influenced by western media. Read more, understand the world more!
You must be reading Global Times and watch CCTV and CGTN only.
certain species too much envy on a great progression nation having the most advance sat-nav constellation beidou, space station, and soon human colony on moonbase helium-3 exploration.
These commies barely mass producing 14-nm chips in 2022. My 1 year old S22 is already using 4-nm processor. Talk about technological advancement.
I suspect his job is to put on a suit and run around to take photographs. This is MITI ministry job la bro!!!! Wth u doing transport minister!!! Omgggg
China again? Lol. Malaysia never learn
Malaysian leaders all come from UMNO. That’s why we never learn.
I despise every Malaysian leaders regardless of parties if they decide to make a deal with China
Almighty diety Li Hongzhi bless you
Globalist? Good for you. The west will hang you to dry. Lets watch Ukraine carefully.
I never asked to hang on the west nor the east. Our country has the resource to build our own ev industry. But our leaders regardless of race are so stupid.
Western justice is based on race? So what’s your race? Are you coming from The Victorian family with hemophilia? Your breed isn’t even fit to be a dog.
Goob joke Loke. Please bring more EV investments here.
No reason we need Proton anymore.
Secretary Loke is on the right footing to be best friends with Chairman Xi. Comradeship reinforced. Workers of the world unite!
Najib sold msia proton to geely Chinas, syukurrr kata macai. Kikikih
You have nothing to lose but your ICE chains. Join the revolution, comrade. We shall gheyify the world to make it easier to dominate
I suspect his job is to put on a suit and run around to take photographs. This is MITI ministry job la bro!!!! Wth u doing transport minister!!! Omgggg
Honestly, 5-10 years too late. They’ve made all the investments they need in Thailand while we were sleeping. Hope we continue being wise in our choice of government
I suspect his job is to put on a suit and run around to take photographs. This is MITI ministry job la bro!!!! Wth u doing transport minister!!! Omgggg
Many years ago, pandang timur, what have we learned? Now, pandang China, what can I expect? Pls send those really capable to learn the technology.
EV tech is much more simpler than ICE. You really do not need to look high and low. The vendors are all out there. It’s just a matter of packaging the components into a pre-designed chassis. Both Proton and Perodua can get it done in a relatuvely short time.
The only issue for them now is there is insufficient demand from the buying public, which is driven by the fear of battery replacement costs and range anxiety (made worse by the lack of charging infra).
It’s a chicken n egg situation which the gov must tackle first.
The big difference: There are only a few battery suppliers in the world: One from Japan, one from South Korea and one from China.
The car itself can be made by anyone around the globe (especially Malaysia with it’s electronics industry), the batteries not.
“..and I was made to understand …”
this is key. someone made him.. someone PAID something.
I don’t think it is good for China. China should work with strong countries, not trash like Malaysia.