Bermaz to take advantage of country’s EV policy

A Kia EV6 electric sports utility vehicle (SUV) during the media preview for the Chicago Auto Show in Chicago, Illinois, U.S., on Wednesday, July 14, 2021. The Chicago Auto Show marks not only the resumption of the largest U.S. auto show, but also heralds the return of those crowded industry conventions, and the tourist and tax dollars they bring.

PETALING JAYA: Bermaz Auto Bhd’s (BAuto) plans are to introduce new electric vehicle (EV) models is considered timely, as the group will be able to leverage on the country’s upcoming EV policy.

Maybank Investment Bank Research (Maybank IB) in a report yesterday said BAuto is set to introduce a new line-up of EVs comprising Kia, Peugeot and Mazda models, in time for Malaysia’s EV policy which is tentatively expected to be announced this month.