KUALA LUMPUR: Malaysia is positioning itself as a regional hub for electric vehicle (EV) production and innovation, with a strong emphasis on integrating local manufacturers and small and medium enterprises (SMEs) into the global supply chain, says Datuk Seri Fadillah Yusof.
The Deputy Prime Minister when speaking at the opening ceremony of the Kuala Lumpur International Mobility Show (KLIMS) 2024, highlighted the opportunities for Malaysian industries in the burgeoning mobility sector.
“Malaysia has the potential to become a global supply chain hub by attracting high-quality investments and enhancing local capabilities.
“Our focus is on integrating local manufacturers and SMEs into global supply chains to drive economic growth and competitiveness,” said Fadillah when officiating the opening ceremony at the Malaysia International Trade and Exhibition Centre (Mitec) here on Wednesday (Dec 4).
KLIMS 2024, themed “Beyond Mobility”, is organised by the Malaysian Automotive Association (MAA) and managed by Qube Integrated Malaysia Sdn Bhd.
The event gathers global and local stakeholders to showcase innovations shaping the future of mobility.
Fadillah who is also the Energy Transition and Water Transformation Minister underlined the importance of the mobility industry in Malaysia’s energy transition plan, saying that transportation is one of the largest contributors to greenhouse gas emissions.
“Consumer adoption of EVs and hybrid vehicles will significantly advance our sustainability goals.
“Initiatives like KLIMS play a crucial role in fostering collaboration and sparking widespread interest in sustainable mobility solutions,” he said.
Fadillah also stressed on the need for collective action among industry leaders, policymakers, and consumers to accelerate the nation’s green agenda.
“Malaysia is committed to building a sustainable future for the generations to come.
“Events like KLIMS 2024 provide a platform for stakeholders to exchange ideas, collaborate, and create impactful solutions,” he added.
Fadillah also pointed to Malaysia’s role as Asean chair in 2025, which aligns with regional energy initiatives such as the Asean Power Grid.
This collaboration, he said, is expected to further bolster the country’s position as a hub for automotive and energy innovation.
KLIMS 2024 chairman and MAA president, Mohd Samsor Mohd Zain said the event serves as a bridge between local and global players, facilitating partnerships and showcasing cutting-edge automotive technology.
“This exhibition highlights the diversity of innovations in the mobility sector, from two-and three-wheelers to future-focused solutions.
“It also provides a crucial platform for local manufacturers to connect with global industry leaders,” said Mohd Samsor.
He said the automotive industry is a significant driver of Malaysia’s economic growth, contributing 4% to the national GDP and employing over 700,000 people.
“Over the years, the industry has expanded in tandem with the nation’s economic development and rising living standards.
“The total industry volume (TIV) has grown from 200,000 units in 1994 to a record 799,731 units in 2023, and this year we anticipate surpassing 800,000 units,” he said.
The event was also attended by Transport Minister Anthony Loke and other key stakeholders.
