Tengku Zafrul said Tesla’s investment decision was based on Malaysia’s robust E&E ecosystem to support EV manufacturing.
The International Trade and Industry Minister said Tesla’s decision to invest here was based on Malaysia’s strong electrical and electronics ecosystem to support the manufacture of electric vehicles .
He noted that Malaysia is the seventh largest producer in the E&E and semiconductor sector, which supplies vital components in EV manufacturing."For example, Tesla said, quite a big part of its supply chain is from Malaysia so why not relocate here?” he told a media conference after launching the Industry Excellence Award 2024 at Johor Port today.
According to him, the EV giant will establish a head office, experience and service centres, and Supercharger network, simultaneously creating skilled and better-paying jobs for Malaysians. On AWS’ estimated investment of RM25.5 billion over 15 years, Tengku Zafrul said it will boost Malaysia’s competitiveness in the information technology and communications industry and support innovation by small and medium-sized enterprises in line with the nation’s digital aspirations. - Bernama
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