Govt to reveal winner of energy-efficient vehicles manufacturing licence by April


KUALA LUMPUR: The Government will announce the decision to award manufacturing licences for the production of energy-efficient vehicles (EEVs) to a foreign company in the next two months, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

“There has been some interest from some very major automotive players, and within two months, I will be making an announcement on what manufacturing licences we are approving to one international company to manufacture EEV cars in Malaysia, in particular (for) the export market,” Mustapa said at a speech yesterday.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , MITI

Next In Business News

MARC Ratings affirms Amanat Lebuhraya Rakyat's AAAIS sukuk rating
Malaysia banks on policy certainty, economic resilience to attract investment
Malaysia on track to exceed 2026 GDP growth forecast
PETRONAS, Petrovietnam deepen energy ties with strategic alliance
Public Bank's Hong Kong subsidiary warns of up to HK$2bil loss for FY26
AirBorneo targets October launch of Kuching-Jakarta flights
Ringgit strengthens against US dollar following robust 3Q GDP estimate
Cape EMS proposes RM50mil preference share issue to Pro3C
Cosmos Technology secures RM3.93mil supply contract
RHB Bank seeks more time for Tokio Marine insurance deal talks

Others Also Read