EV industry has potential to be major pillar of M'sia's economy, says Dr Wee

PETALING JAYA: Malaysia is committed to developing the electric vehicle (EV) industry and eventually making it a potential major pillar of the economy, says Datuk Seri Dr Wee Ka Siong.

The Transport Minister said that with the national EV policies, the country was in the midst of developing the EV industry to be in line with worldwide trends.

"The EV industry is really not confined to merely selling vehicles.

"There is a huge ecosystem to be developed and tapped on including standards setting, charging facilities, and other high tech pursuits.

“As Transport Minister, I encourage more investments in our rail industry, particularly in the related technology sub-sectors and upgrading the skills of our local talent," he said in a Facebook post Friday (May 13).

Dr Wee said this following a meeting with the Suzhou East Railway managing director AJ Kairon and Permanex Power director Steve Chew.

Permanex is a Singapore-based company that is experienced in train building and electric vehicle charging equipment.

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