Malaysia Accelerates EV Industry Growth with China Collaboration

Malaysia's electric vehicle (EV) industry is accelerating, with over 100,000 electrified vehicles recorded and more than 3,300 charging stations established nationwide to date, positioning the country as a key regional hub for EV innovation.

The government's commitment aligns with its ambitious Net Zero Goals for 2050, as it strengthens collaboration with China to drive manufacturing, research, and sustainable growth in the automotive sector, said Malaysia Automotive Robotics and IoT Institute (MARii) chief operating officer Mohd Sharulnizam Sarip. Speaking at the Malaysia-China EV Forum, he highlighted the nation’s strategic initiatives to build a robust EV ecosystem via collaboration, including memorandums of understanding (MoUs) with various Chinese organisations focusing on joint ventures in manufacturing, research and development, and technology transfer. “Such efforts aim to elevate Malaysia’s role in the regional and global EV value chain. The National Automotive Policy (NAP) 2030 remains the cornerstone of Malaysia’s EV agenda, promoting the production of eco-friendly vehicles, battery recycling facilities, and infrastructure development,” he said. The forum, held in conjunction with the Malaysia-China Summit 2024, from Dec 17-19, was organised by China EV100, a third-party think tank, alongside Qube Integrated Malaysia Sdn Bhd and the Malaysian Chamber of Commerce China. Mohd Sharulnizam said MARii has outlined plans to develop EV battery recycling capabilities, including hydrometallurgy facilities in Perak, to support sustainable resource management in the growing EV sector. He noted that China’s involvement in Malaysia’s automotive ecosystem brings advanced technologies and investment into the local market, boosting demand in the electronics and electrical (E&E) secto

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia-Brazil partnership holds huge promise for E&E, semiconductor industry, says PMKUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Source: staronline - 🏆 4. / 75 Read more »

Malaysia-Brazil partnership holds huge promise for E&E, semiconductor industryRIO DE JANEIRO: Prime Minister Datuk Seri Anwar Ibrahim has urged the electrical and electronics (E&E) and semiconductor industries of Malaysia and Br...
Source: theSundaily - 🏆 25. / 51 Read more »

Sarawak Aims to Become Malaysia's Aerospace Industry HubSarawak Premier Tan Sri Abang Johari Tun Openg announced plans for the state to become Malaysia's premier aerospace industry hub. The initiative includes establishing an aerospace faculty and collaborating with international experts to train a highly skilled workforce.
Source: theSundaily - 🏆 25. / 51 Read more »

Malaysia's Motorcycle Industry Embraces Sustainability Through Circular Economy PrinciplesThe global automotive industry is shifting towards sustainability, with automakers focusing on electric vehicles and adopting green technologies. In Malaysia, the motorcycle industry faces unique challenges but is finding solutions by embracing circular economy principles, such as refurbishing and reselling secondhand bikes.
Source: theSundaily - 🏆 25. / 51 Read more »

Malaysia Ready to Assist Timor-Leste in Halal Industry DevelopmentMalaysia has expressed its readiness to assist Timor-Leste in developing its halal industry, aiming to help the country tap into the global halal market valued at over US$3 trillion. The partnership aims to unlock immense potential for shared growth and strengthen economic collaboration.
Source: theSundaily - 🏆 25. / 51 Read more »