PUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.
KULIM: Electric vehicles should be seen as a crucial step in Malaysia's green transition and a means to reduce national petrol consumption, according to Investment, Trade and Industry Deputy Minister Liew Chin Tong .
"For Malaysia to achieve energy security, we will have to restore Malaysia as a net exporter of petroleum. In 2022, Malaysia imported US$12.2 billion of crude petroleum,” he said during the launch of Chery Malaysia's OMODA E5, its first locally assembled vehicle here, today. However, EV adoption in Malaysia lags behind neighbouring countries with BEVs representing just 1.2 per cent of total vehicle sales in 2023, while EVs count for 12 per cent of vehicles in Thailand, Vietnam , and Singapore .
"If we get our act together, Malaysia can also see the exponential growth of EVs on our roads in the next five years, reaching the target of EVs forming 20 per cent of TIV in 2030,” he said.
Electric Vehicles EV Liew Chin Tong Vehicles CKD Plant
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zii Jia can expect early meeting with China’s Hongyang in JapanPUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.
Read more »
Sizeable pothole upsetting traffic flow in Damansara PerdanaPUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.
Read more »
Sibu cops slap 66 summonses on motorcyclists for various offencesPUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.
Read more »
Bank Negara maintains OPR at 3%PUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.
Read more »
Building values for lifePUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.
Read more »
Indonesian star Barbie Kumalasari reveals shocking 9th plastic surgery; aspires to get Kylie Jenner's eye shapePUTRAJAYA: Graft investigators have searched the house of FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar and frozen several of their accounts with RM1.1mil in funds.
Read more »