We’ve heard the Malaysian Automotive Association’s view on MITI’s new CBU EV policy, now here’s what parallel importer club Persatuan Pengimport dan Peniaga Kenderaan Melayu Malaysia (Pekema) thinks.
Before that, it has to be noted that Pekema members, who are open AP holders, are not heavily affected by MITI’s recent move as that’s reserved for franchise AP holders who bring in CBU cars for official distributors. It might even be a good thing for grey importers as buyers with less EV options might come back to more traditional ‘recon’ models. In the new car scene, Pekema is involved with the Dongfeng brand via Central Auto Distributors (CADB).
Pekema president Datuk Mohamed Nazari Noordin said that the new regulations for CBU EVs – which in a nutshell are CIF value (cost, insurance and freight; before taxes and margins) of no less than RM200,000 and a minimum power output of 180 kW (245 PS), effective July 1 – can accelerate the development of a local EV ecosystem, while strengthening the shift to CKD local assembly and technology transfer.
Nazari told Bernama in a recent interview that MITI’s move is an important step to ensure that the local automotive industry shifts to a higher value chain. He added that the move also aims to protect the local auto market from being a dumping ground for EVs, especially low priced ones from China with domestic incentives now facing excess stocks.
“Some models were supposed to be sold at a higher price but were sold for far cheaper because of excess stock. So, the government needs to protect the local industry from dumping,” he told Bernama, adding that for consumers, the EV market is expected to be split into two after the implementation of the new regulations – premium CBU and affordable CKD.
“In the short term, perhaps the choices will be reduced for certain segments, but in 12 to 24 months, affordable models will be back via CKD,” Nazari predicted, adding that CBU EV stock that are already in transit and in inventories – which are exempted from the new guidelines – are expected to be enough to last till the end of 2026.
He urged the government to speed up the approval of CKD assembly, besides giving a more flexible implementation period to the industry. The Pekema chief also suggests easier financing access for local vendors and the broadening of incentives including grants, tax exemption and human capital development.
“We hope that the government can give priority and fast-track CKD-related approvals as industry players are moving in that direction,” Nazari said. We’ve previously reported that Pekema’s CADB does have CKD plans – check out the Dongfeng 007 and Vigo EVs, which arrived after CADB’s first model, the Box.
Click on these links to read more on MITI’s new regulations for CBU EVs and what the brands are doing/will do with regards to CKD.
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“technology transfer”
These bodoh think foreign companies are going to just give away their patented IPs and know-how to appease some backwater market that’s a tiny dip in said companies own global sales volumes.
Over 40 years of P1 and over 30 years of P2, one now very good at sticking a badge on Chinese cars and another doing *slightly more* than rebadging. But , definitely there’s no technology transfer within those many decades. Now, let’s add a few more decades.
While labelling new CBU vehicles as dumping,
we could also consider that many CBU reconditioned cars brought in via APs are effectively dumping as well.
Somemore these reconditioned cars are sold at high prices
Kudos to MITI for protecting local brands Proton and Perodua. Please prevent Malaysia becoming a dumping ground for cheap and rubbish chinese EV. Malaysians should be grateful and buy local EV instead. #BaikBeliProtonPerodua
Turn yourself in so can castrate you. Cannot breed. Insult to Malaysian.
i don’t understand why the public backlash against MITI? They are protecting our local brands. So the public want proton and perodua go bankrupt? what about the 700k local jobs? Miti is helping us, u all need to understand.
Spoken like a true crony. Let me educate your peabrain for a minute. What you MITI and P1/2 fanboys want to dress up as “protection” is really a license to price gouge. Without the protections these losers have to actually compete and innovate which they don’t want to do. Without the Chinese brands putting immense pressure there would be no inventive to do anything at all. Look at that garabage P2 CEO claiming no uplifts for Bezza until 2030, he said that with a laugh. You’d be insane not to punch that thief square in the face for that insolence while Chinese firms bring substantial updates every year. What MITI and the cronies want is to ensure the ceiling is artificially so high that when they rob you left right and center you’d go ‘wow but its still cheaper than conti cars’ when really it could be as cheap as 40-50K for what they will charge you upwards of 100K without any competition.
Competition breeds innovation, protectionism breeds complacency, laziness and pure greed.
ROTFLMAO malaiseZia is a RHD ev market thus mainland LHD ev excessive stock not favourable to dump into your market!
Accessible car technology for the B40 and M40 groups will not only foster a strong technological mindset, but also allow them to enjoy the convenience and comfort of sophisticated advancements.
The legacy of the Malaysia Boleh and Wawasan propaganda is no longer just about protection; it is about driving our strength to embrace modern technology and deliver value to others as well.
this is fine as long as p1 and p2 sell their EV below 100k
Y not say like the previous MITI that APs are here to stay to ensure safety of EVs cars sold in Malaysia Wow.
So do tell which APs cronies and which 100 vendors are benefiting from making the EVs since EVs only have around 100 components compared to ICEngine that have 2000 components.
Which models were “dumped” in Malaysia? Every single model here in MY sells for a premium over their selling price in China. Every single model. That is not how dumping works.