KUALA LUMPUR: The Automotive High Tech Valley (AHTV) in Tanjung Malim will play a major role in assisting Malaysia to plug in fully into the Asia-Pacific electric vehicle (EV) market, estimated to be worth US$778bil (RM3.5 trillion) by 2027, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Earlier in April, automotive industry corporation between DRB-Hicom Bhd
and Chinese automobile manufacturer Zhejiang Geely Holding Group Co, Ltd (Geely) had inked a heads of agreement to develop the AHTV as Malaysia’s future hub for Next Generation Vehicles (NxGV).
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