Among those were discussions on investments and policies that have been committed in other countries in the region, and concerns that Malaysia was lagging behind in electric-vehicle development — both in products and infrastructure.
Malaysia is just as unique in its position in the region – it is ranked third in both gross domestic product and GDP per capita, making it a middle-class economy close to breaking into advanced economy status, despite being the sixth largest population out of the 10 members of Asean. It is a transformation of lifestyle, from fuel dependence to zero emission transportation, something that both consumer and manufacturer must evolve into.
While there are still issues and processes to address, significant milestones have been reached to form the foundation of electrification in Malaysia. There are challenges that need to be addressed, particularly from a consumer point of view. While many lamented the tax restructuring of electric vehicles and hybrids, there was not much evidence to suggest that zero tax would translate to more EVs bought, or a flourishing EV industry could be established.
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