Super charging the EV sector

“Recent developments in the Malaysian EV sector are significantly shaping its growth prospects," says Lau.

PETALING JAYA: The electric vehicle (EV) sector has a bright outlook and is expected to experience strong growth following the entry of Tesla Inc and government incentives to promote it.

However, according to analysts, the move towards EVs is likely to happen sooner rather than later if the carmakers are able to offer products at a more “competitive” price point.