NEW YORK, May 5 (Reuters) - Contract manufacturer Flex on Tuesday outlined plans for a strategic break-up to monetize its exposure to artificial intelligence, saying it would spin off its cloud and power infrastructure business into a separate publicly traded company by early 2027.
KUALA LUMPUR: All fully imported completely built-up electric vehicles are subject to two main conditions starting July 1, 2026, including a new minimum motor power limit of 180 kilowatts and above from 200 kW.
The Ministry of Investment, Trade and Industry said a minimum cost, insurance, and freight value requirement of RM200,000 will also be imposed on imported CBU EVs.
"The revised conditions were communicated to the franchise approved permit holding companies via an engagement session held on April 30, 2026,” MITI said in a statement today. The ministry said the decision was made following the expiry of the special exemption period for the import of CBU EVs under the franchise AP on Dec 31, 2025. Following the end of the special exemption period, policy on CBU EVs has reverted to the existing rules, said MITI.
"However, taking into account that companies still have remaining stock, including existing stock, stock at the port and stock in transit, MITI has allowed all stock to be sold according to the regulations during the special exemption period,” the ministry said. MITI said it remains committed to ensuring a transparent, consistent, and balanced policy environment to support the development of the automotive industry and to protect the country's economic interests and the rights of vehicle users. - Bernama
MITI Import EV CBU Main Conditions Remaining Stock Automotive Consumer Rights Economy
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