Malaysia looks to Chinese companies to grow EV sector: official


Transport Minister Anthony Loke Siew Fook

KUALA LUMPUR: Malaysia aims to draw greater investment from Chinese companies to develop its electric vehicle (EV) sector to build up the infrastructure to enable wider adoption of EVs, a Malaysian official said.

The development of the supporting infrastructure for EVs is a major hurdle for Malaysia, but the government seeks to overcome this by encouraging companies with the expertise and technology to set up their operations in the country, Transport Minister Anthony Loke Siew Fook told Xinhua in an interview.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
electric vehicle , EV , Anthony Loke

Next In Business News

Dollar drifts near multi-week low on upbeat PPI; tariff fears fade
EY Malaysia launches AI Innovation Centre to drive AI adoption
Ne Zha 2 makes history as it passes 10 billion yuan in ticket receipts
Singapore budget to tackle living costs and jobs as election looms
Oil to snap three-week losing streak amid US tariff delays
GDA to compulsorily acquire remaining MAHB shares at RM11 apiece
Ringgit records 2.7% overall appreciation against US$ in 2024 - Bank Negara
Headline, core inflation edge lower to 1.8% in 2024
Able Global CEO remanded by MACC to facilitate investigations
MyCIF to host Penang roadshow to promote MSME financing in Northern Region

Others Also Read