The investment, trade and industry ministry (MITI) is working with the Malaysia Automotive, Robotics and IoT Institute (MARii) on studying a mid-term review of the National Automotive Policy (NAP) 2020, deputy MITI minister Liew Chin Tong has said, according to a Bernama report.
“This study involves in-depth engagement sessions with industry players, policymakers and relevant agencies to ensure that this policy is in line with current market needs and global technological developments,” he said in reply to Balik Pulau MP Datuk Muhammad Bakhtiar Wan Chik’s suggestion in parliament yesterday that the NAP be reviewed to be in line with the development of EVs.
Although NAP 2020 is a 10-year policy, rapid changes in the industry necessitate a reassessment to keep the policy in line with current developments including next-generation vehicles (NxGV), Liew said.
He added that in June, MITI established a Council of Automotive Eminent Persons (CAEP) that will produce a study before presenting it to MITI and then the Cabinet as a strategic recommendation to finalise the NAP 2020 review.
The goals are to reduce petrol dependence (thus restoring Malaysia’s position as an oil-exporting nation), increase automotive component exports (particularly semiconductors) and develop a more stable and sustainable industry, Liew explained.
“The updated policy will be a master plan for the future of Malaysia’s automotive industry to be in line with global trends such as the use of energy-efficient vehicles (EEV), smart mobility and automation,” he said.
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Well what ever its NEP NAP its all done to benefit certain cronies so that can continue with enriching their own friends, family while all others nap nap first.
i hope miti can read this. it is this year 2025 that we witness Good Year and continental closed factory in this country. where rubber industry was once no 1 in the world. how in the world, that china can produce cheaper tyre than in malaysia. what is the reason these acclaimed brand left this country ? aren’t tyre is also a significant component of automotive industry irrespective of whether ICE or EV
Modern technology today allows much more percentage of synthetic rubber content in each tyre than original rubber itself, hence lower demand and lower value in its comodities.
As our petrol is heavily subsidized the widespread adoption of EVs will help the government save money. Hence there is no need to tax EVs heavily. If the current 30% import duty and 70% excise duty exemption for EVs expires at the end of 2025 without renewal, EVs will double in price and the bottom will fall out of the EV market.