National Automotive Policy 2020 expects RM50.6b of CBU, auto parts exports value by 2030 | Malay Mail

Ministry Of International Trade And Industry, Malaysia Automotive Industry, Malaysia Automotive Sector, National Automotive Policy 2020, Nap 2020

National Automotive Policy 2020 expects RM50.6b of CBU, auto parts exports value by 2030 | Malay Mail

Ministry Of International Trade And Industry, Malaysia Automotive Industry

2/21/2020

National Automotive Policy 2020 expects RM50.6b of CBU, auto parts exports value by 2030 | Malay Mail

KUALA LUMPUR, Feb 21 — The National Automotive Policy 2020 ( NAP 2020 ) expects the total value of exports to reach RM50.6 billion by 2030. These comprise exports of Complete Built-Up (CBU) worth RM12.3 billion, new automotive parts and components exports (RM28.3 billion) and remanufactured...

National Automotive Policy 2020 expects RM50.6b of CBU, auto parts exports value by 2030 Friday, 21 Feb 2020 12:45 PM MYT Prime Minister Tun Dr Mahathir Mohamad (fourth left) during the launch of the National Automotive Policy 2020 at Menara Miti in Kuala Lumpur February 21, 2020. — Bernama pic KUALA LUMPUR, Feb 21 — The National Automotive Policy 2020 (NAP 2020) expects the total value of exports to reach RM50.6 billion by 2030. These comprise exports of Complete Built-Up (CBU) worth RM12.3 billion, new automotive parts and components exports (RM28.3 billion) and remanufactured automotive parts and components (RM10 billion). According to the NAP 2020 booklet released by the Ministry of International Trade and Industry (Miti) today, the NAP 2014 estimated exports 250,000 CBU units by 2020, while exports of new automotive parts and components’ target was set at RM10 billion. The booklet was released in conjunction with the launching of NAP 2020. Meanwhile, exports of remanufactured automotive parts and components was expected to reach RM2 billion this year. The NAP 2020 also forecasted to create a total of 1,285 suppliers, comprising 400 tier 1 suppliers and 885 tier 2 and below suppliers. By 2030, a total 350 robotics companies and 380 Internet of Things (IoT) firms are expected to be developed under the new automotive policy framework. In addition, 280 leader companies, 500 experience firms and 660 learners companies are likely to participate in the Industry4WRD Readiness Assessment programme by 2030. NAP 2020 also set to see the establishment of centres of full-fledged Vehicle Type Approval (VTA) testing, Electric Vehicle Interoperability, Virtual Design, Additive Manufacturing Design, Robotics & Artificial Intelligence (AI) and Digital Twin. Miti would also set Autonomous/Automatic Vehicle Test Bed and establish Technology Academy (Automotive & Overall Mobility) by 230. “In this regard, monitoring and reporting of NAP 2020 implementation will continue via the Malaysian Automotive Council, where Miti Minister Datuk Darell Leiking as the chairman and to appoint the members,” Miti added. — Bernama Related Articles Read more: Malay Mail

New vehicle tech to drive National Automotive Policy 2020, says PM | Malay MailKUALA LUMPUR, Feb 21 ― The National Automotive Policy (NAP) 2020 which was launched today will incorporate three new advanced technology elements namely Next Generation Vehicle, Mobility as a Service and Industrial Revolution 4.0.  Prime Minister Tun Dr Mahathir Mohamad said...

Dr M: Two more national cars, national motorcycle in NAP 2020 roadmapKUALA LUMPUR: Two more national cars and one national motorcycle will be developed under the National Automotive Policy 2020 ( NAP 2020 ) roadmap, says Prime Minister Tun Dr Mahathir Mohamad. chedetofficial Do you still consider Proton a national car ? In economic terms, its called brand-bastardisation fakeproton chedetofficial darellLeiking Do you still consider Proton a national car ? In economic terms, its called brand-bastardisation fakeproton He never learned. Look where s Proton now. Toyota level? Ferrari?

NAP 2020 lists three directional thrusts and three strategies to develop local automotive industries | Malay MailKUALA LUMPUR, Feb 21 — Newly launched National Automotive Policy 2020 ( NAP 2020 ) has come up with three directional thrusts and three strategies that introduce new technological elements to assist the development of the local automotive industry. According to NAP 2020 booklet released by Ministry...

NAP 2020 to incorporate new technologies, driving automotive sector further, says Dr MKUALA LUMPUR (Bernama): The National Automotive Policy (NAP) 2020 which was launched Friday (Feb 21) will incorporate three new advanced technology elements namely Next Generation Vehicle, Mobility as a Service and Industrial Revolution 4.0. By NAP they mean taking a nap.

Dr M: Third national car project under NAP 2020 needs private investorsKUALA LUMPUR: The third national car project under the National Automotive Policy 2020 ( NAP 2020 ) is still waiting for investors, says Tun Dr Mahathir Mohamad. Work on public transportation than pushing for third national car. We fail we sell. Cuci tangan lepas tu bukak kilang baru. Only in Malaysia. At this current state, it's difficult to see PH will remain as government in next GE.

NAP 2020: Strategies must be a game changer for auto industryNSTcbt: The unveiling of the details of the much-awaited policy will guide industry players in facing future demands of global automotive and mobility trends, at least for the next 10 years (2020-2030). NAP2020



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