Malaysia’s auto sector ripe for change

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Title : Malaysia’s auto sector ripe for change
Category : Malaysians

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Malaysia’s auto sector ripe for change

The virtual launch of the Great Wall Motors EV, the ORA Good Cat was hosted by Thailand last week. (Screen grab of Great Wall’s virtual launch)For Malaysians on the lookout for the smartest jobs in the world – think 5G, Artificial Intelligence – don’t give up on the domestic automotive industry just yet.Yes, Malaysia is not in the good books of investors just yet as indicated by UNCTAD’s reckoning that the country’s Foreign Direct Investment (FDI) had dropped 68%, compared with the Asean average of 31% in 2020.But this can change overnight because Malaysia’s automotive industry, a powerful driver of high value employment, is ripe for a disruption.There are already two Malaysian companies with electric vehicles (EV) in Port Klang awaiting clearance for Vehicle Type Approval (VTA) by the Ministry of Transport.Another company has cleared its EV and is awaiting VTA.“I have the LHD…

The virtual launch of the Great Wall Motors EV, the ORA Good Cat was hosted by Thailand last week. (Screen grab of Great Wall’s virtual launch)For Malaysians on the lookout for the smartest jobs in the world – think 5G, Artificial Intelligence – don’t give up on the domestic automotive industry just yet.Yes, Malaysia is not in the good books of investors just yet as indicated by UNCTAD’s reckoning that the country’s Foreign Direct Investment (FDI) had dropped 68%, compared with the Asean average of 31% in 2020.But this can change overnight because Malaysia’s automotive industry, a powerful driver of high value employment, is ripe for a disruption.There are already two Malaysian companies with electric vehicles (EV) in Port Klang awaiting clearance for Vehicle Type Approval (VTA) by the Ministry of Transport.Another company has cleared its EV and is awaiting VTA.“I have the LHD…


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