Short Position - EVs in Malaysia, Green certification on the rise

EVs in Malaysia

Sime Darby Bhd’s move to distribute China based BYD’s cars like the Atto 3 and the new e6 models in Malaysia, analysts speculate, is expected to drive down prices of electric vehicles (EV) but will not fundamentally change the market with EVs set to remain a niche market for automakers in the country despite the government incentives in place.