Tengku Zafrul urges SMEs, vendors to stay updated with latest advancements to remain competitive in EV market

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SERDANG, May 3 — Small and medium enterprises (SMEs) and vendors are urged to stay updated with the latest advancements and best practices in electric vehicle (EV) component...

SERDANG, May 3 — Small and medium enterprises and vendors are urged to stay updated with the latest advancements and best practices in electric vehicle component design and manufacturing to remain competitive.

“In order to ensure competitiveness in this evolving landscape, it is crucial for SMEs and vendors to have the necessary support. Tengku Zafrul said the National Automotive Policy 2020 places a strong emphasis on developing new mobility solutions that are more efficient, sustainable and customer-centric.

He said the government foresees rapid growth of NxGV in Malaysia, as the country is one of the leading electrical and electronics manufacturing hubs in Southeast Asia.

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