Perodua Set To Produce 500 Units Of EMO-II Monthly, Aims For Cheapest EV

KUALA LUMPUR, Dec 4 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims to produce 500 units per month of its electric vehicle (EV) called eMO-II starting next year.

Tesla Using Components From Local Suppliers, Involved In Technology Transfer -- MITI

KUALA LUMPUR, Nov 21 (Bernama) -- US electric vehicle (EV) 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 (MITI).

BMW Group Malaysia To Discuss With Govt Entities And Local Partners On EV Assembly

KUALA LUMPUR, Nov 20 (Bernama) -- BMW Group Malaysia is currently engaging with the government and local partners on its plan to locally assemble its electric vehicle (EV) units, aligning with the tax exemption for EV owners until the end of 2025.

Govt Expands Collaboration With Global Semiconductor Players -- MITI

KUALA LUMPUR, Nov 12 (Bernama) -- The government is strengthening ties with developed countries and leading multinational companies in the semiconductor industry in an effort to increase technological collaboration, said the Ministry of Investment, Trade and Industry (MITI).

Malaysia's Journey To Net-Zero Emissions: TNB Leads The Charge

By Zairina Zainudin

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.

Geely Says Once Drivers Try EVs, They Won’t Return To Petrol

HANGZHOU (China), Nov 6 (Bernama) -- Electric vehicles (EVs) are gaining momentum globally, with China at the forefront of this shift toward eco-friendly transportation.

Swedish Firms Supporting Malaysia’s Green Transition With Sustainable Investments

By Kisho Kumari Sucedaram & Mikhail Raj Abdullah

KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.

Malaysia's Courier Market Expected To Hit US$1.58 Bln In 2025 - Teo

KUALA LANGAT, Oct 23 (Bernama) -- Malaysia’s courier, express, and parcel market is expected to reach US$1.58 billion (US$1=RM4.32) next year, driven by rising e-commerce demand and infrastructure improvements, said Deputy Communication Minister Teo Nie Ching. 

MITI To Help Perodua Produce Malaysia's First Ev Priced Under RM100,000 - Tengku Zafrul

PETALING JAYA, Oct 21 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Perusahaan Otomobil Kedua Sdn Bhd (Perodua) produce Malaysia's first electric vehicle (EV) priced under RM100,000.

Govt’s Multi-Pronged Strategy Balances Fiscal Discipline, Economic Growth - MIER

KUALA LUMPUR, Oct 21 (Bernama) -- The government’s multi-pronged strategy demonstrates a focus on fiscal consolidation while supporting economic growth and maintaining social safety nets, said the Malaysian Institute of Economic Research (MIER).

Budget 2025: RM2.184 Bln Allocation For MITI Recognition Of NIMP 2030 Effectiveness

KUALA LUMPUR, Oct 19 (Bernama) --  The allocation of RM2.184 billion for the Ministry of Investment, Trade and Industry (MITI) in Budget 2025 is seen as a recognition of the effectiveness of the New Industrial Master Plan (NIMP) 2030 as a driver of Malaysian industry.

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.