Prime minister Datuk Seri Anwar Ibrahim says that the issue of allegedly strict conditions being imposed on electric vehicle (EV) companies will be brought up for discussion with the ministry of investment, trade and industry (MITI), Bernama reports.
This comes following Perak tourism, industry investment and corridor development committee chairman Loh Sze Yee’s remarks yesterday, where he said that the federal government needs to reassess the conditions imposed on EV companies planning to set up factories in the country.
Loh said there were concerns about several policies that were too stringent and could undermine foreign investor confidence, thus damaging the country’s investment climate. He said that these conditions need to be reassessed based on overall benefits and long-term national interests.
The remarks made by Loh follow on the issue surrounding BYD’s local assembly (CKD) plans. In March, it was reported that the Chinese automaker was said to be relooking its plans to set up production here because it could not agree with the terms set by MITI with regards to related requirements. The ministry then responded with a statement on the matter.
Loh said that the relevant authorities must provide a clear, transparent and convincing explanation to safeguard policy stability and Malaysia’s investment credibility, adding that the state of Perak would continue to pursue constructive engagement and mediation within the available timeframe.
He also reiterated the state’s position that any form of BYD’s production presence in Malaysia must remain in Perak and not be relocated to any other state, in line with existing agreements and development commitments, while fully respecting the state’s development rights. The planned BYD facility is supposed to be built at the KL-Kepong High-Tech Park in Tanjung Malim.
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Funny,,PMX bring in investors..Some smart Alex aci acor,this tak boleh,that tak boleh..just pathetic.
If BYD can walk out,is there any assurance other big timers,might not do the same?
Coming GE,time to remove those incompetent ones,like the recent drowning case at Sg petani,where kayaking activities are done at night.The particular officer is just transferred,but the problem has not been solved.
The competency of some of our menteris is just a laughing stock.
Cannot cannot transfer and work from home for good and still get same salary all sponsored by tax money for decades.
don’t you worry, next ge umno win all 222 seats, you see all cast out already back, they know something we don’t.
nids to plotek clony pockets especially yincek Kiu Wee Yi, ev asing too competitive
MITI: We don’t control or manipulate car prices.
vs.
MITI: BYD cannot sell Seagull RM56K here.
And how about that one friend that said before APs are needed in the country to ensure safety of EVs cars sold here.
Wow didn’t know APs cronies who don’t even design the foreign car knows more about safety than the manufacturer itself or now we should be afraid travelling to other countries because they don’t have APs.
It’s too late. BYD has seen what we are. They will just redirect to their existing Thailand plant. The gov will happily subsidize Budi 95 forever.
Too late…. Damage already done
Malaysia can definitely accelerate its green transition! Having already recorded over 10,000 EV sales in Q1 2026—even before counting plug-in hybrids (PH.EVs) and range-extended EVs (RE.EVs)—we are making great strides.
A decade after the 2015 Paris Agreement, this momentum shows we can do even better to exceed our sustainability goals.
We Malaysia Chinese are used to double standards. The China Chinese are not.
IMHO, the new / foreign car investors will NOT employ T20 to run their factories. The more new factories mean more employments, and the spillover like supply chains, education centres, and other amenities will boom.
For 40 years (3 generations) the rakyat have to buy high priced + lower specs vehicles. If protection continues, at least another 3 generations will continue to suffer. At the same period of time, the group who benefited from the protection already enjoyed for 3 generations and counting.
IMHO, the new / foreign car investors will NOT employ T20 to run their factories. The more new factories mean more employments, and the spillover like supply chains, education centres, and other amenities will booms.
For 40+ years (3 generations) the rakyat have to buy high priced + lower specs vehicles. If protection continues, at least another 3 generations will continue to suffer. At the same period of time, the group who benefited from the protection already enjoyed for 3 generations and counting.
I think protecting the local car industry is vital if these EV brands could not offer enough jobs to job losses that might result from giving these oversea brands to compete with P1 and P2.
Personally, I dont think any of these brands would offer enough jobs to those who might lose their jobs in P1 and P2. In China, EV assembly is automated by robots mostly. Also I dont think BYD or any EV makers will start their battery or motor manufacturing here. So what is left? Plastic parts like lighting, wheel, tyres, seats and what else?
stop protecting p1 and p2. after 40 years of existence but still need protection? then they deserve to die and close.
Look at Thailand, how many jobs created due to proton/perodua protect. We could have been the Detroit of Asia. Dont be so shallow.
Why should the rakyat foot the bill for people who would lost their jobs due to laziness and complacency. We are essentially paying for their salaries and most end up in the cronies pocket. Just remove the tax protection and I don’t mind just paying batuan to those who really needed, not the cronies and politicians.
We just can’t get our act together…
Miti under umno control which means pro syed mokhtar. I think he is a umno Nominee.
If want to protect local industries can. But you cannot over protect until these monopolies make so much domestically until cannot be bothered to export.
ASEAN countries like Thailand and Indonesia are already ahead of us in EV manufacturing and supply chain.
If MITI continues to protect p1 & p2, we don’t stand a chance against our neighbours. Either we start opening up now, and set better clear policies that encourages foreign investment, or continue to be forever be behind.
tak malu ke p1 & p2 sampai bila nak tongkat???
Heard that alot data center will move out also
Yup, Not enought TNB power to supply. Not transperancy in the process…Incompetent i guessed.
Building on the transformative military partnership and Pakistan’s growing influence in the Middle East, we must now pivot toward a new, strategic transformation. This path is already being successfully adopted by many other nations, including developing economies.
Regarding EV Tech, our strategic focus areas are:
1. Energy Cost Reduction: Supporting rapid AI and datacenter growth while reducing production and liveability costs in Malaysia.
2. Flash Charging Technology: Implementing high-power charging, aiming for 300km+ range in 5 minutes (e.g., BYD 1.5MW Megawatt charging).
3. High-Durability Battery Systems: Developing powerbanks/batteries with 3000+ cycles / 1,000,000km lifespan, meeting GB 38031-2025 standards.
4. Advanced Safety Standards: Ensuring thermal runaway stability with no fire/explosion for at least 2 hours (GB 38031-2025 compliance)
It’s not just about EVs; it’s about electrical energy and supply backup. We need a faster, more efficient approach, including a massive infrastructure revamp to keep our industry, exports, and livability at par so we aren’t left behind.
BYD main investor
Dozen of vendors factory in 200 arces
Thousands units of supporting residential condo
Discuss this, discuss that. At the end of the day, nothing fruitful comes out. These organizations don’t seem to be organized, what are they doing everyday besides drinking coffee and eat kuih? Useless.
Tengku Zafrul already the right candidate, too bad the term is up. When old blood is back, growth is impacted.
i think if the person in charge still act ARROGANT like they are and were before, better for BYD just go Thailand and Indonesia. Let the people riot and slay the gov! see how they response… How much longer do we need to protect the Duos?
Proton has been shit, and yet the one on top always get paid well and pocketing the money from it till the Geely come.. and bring them up to where they are now! and then they start to think that Geely tis and Geely that and wana divorce them bla bla bla… full of unfaithful shit! lets see if a divorce again if they can be where they are now?!
And the damn P2, giving all the rubbish crap but still dare to say its cheap coz we worth the cheapest car! giving a little bit more gadget update then charge a little more like everyone have no fking choice buy to support them, then come the JOKE QVE, i dont need to say more…. lease batt?! and if all totally include batt could actually cost up around 120k… that is a turnaround sword in ur throat! and yet, they get protected..
this is only automobile. dun ever forget what the protection brings MAS, FELDA, and so much more!
Make sure to ask your best friend who jumps ship since he was the one who stated APs are required to ensure safety of EVs cars sold.
Shut down Cronies,Restart MITI
LOL announce policy first then discuss. Peak clown show.
dont force Malaysians out into the streets to demand a stop to the tongkat given to p1 and p2.