KUALA LUMPUR: US electric vehicle (EV) maker Tesla has used components from about 45 local suppliers directly or indirectly to date, which also involv...
: US electric vehicle maker Tesla has used components from about 45 local suppliers directly or indirectly to date, which also involves technology transfer to the suppliers, according to the Investment, Trade and Industry Ministry .
“Although Tesla has never given any commitment to undertake local assembly for its vehicles, MITI, through its agency Malaysian Investment Development Authority, is always discussing the potential of Tesla using the local supply chain for its manufacturing components,” MITI said in a written reply posted on the Parliament’s website today.
MITI said Tesla’s presence in the Malaysian market demonstrates Tesla’s confidence in the local EV market as well as in policies promoting EVs implemented by the government. “This move will help boost the local supply chain’s capabilities and promote automotive component localisation activities,” it added.
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