Malaysia's Automotive High-Tech Valley (AHTV) is poised to become a key hub for the Asia-Pacific electric vehicle (EV) market, estimated at US$778 billion. Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz highlighted AHTV's role in developing next-generation vehicles (NxGV) and energy-efficient vehicles (EEV), supported by attractive government incentives. The region aims to increase the automotive sector's GDP contribution from RM64.5 billion in 2022 to RM104.2 billion by 2030. Malaysia also targets 10,000 EV charging stations by 2025 and aims for EVs and hybrids to comprise 15% of the total industry volume by 2030.
Also available in 'The Sun', 'New Sarawak Tribune'.AHTV POTENTIAL HUB TO ASIA PACIFIC’S US$778B EV MARKET
Malaysia's Automotive High-Tech Valley (AHTV) is poised to become a key hub for the Asia-Pacific electric vehicle (EV) market, estimated at US$778 billion. Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz highlighted AHTV's role in developing next-generation vehicles (NxGV) and energy-efficient vehicles (EEV), supported by attractive government incentives. The region aims to increase the automotive sector's GDP contribution from RM64.5 billion in 2022 to RM104.2 billion by 2030. Malaysia also targets 10,000 EV charging stations by 2025 and aims for EVs and hybrids to comprise 15% of the total industry volume by 2030.
Also available in 'The Sun', 'New Sarawak Tribune'.
