00:00Enabling electric vehicle manufacturers to determine prices will bring very real risks to Malaysia's automotive ecosystem, the Federation of Malaysian
00:09Manufacturing warns.
00:11It said such a move could lead to foreign players pricing their EVs more competitively, enabling them to corner a
00:17large enough share of the market to make it viable to set an entire ecosystem to serve their needs.
00:22This, FMM President Jacob Lee said, could squeeze out players in the already established Malaysian ecosystem such as suppliers, vendors
00:30and SMEs, leading to job losses given that employment is so deeply tied to the automotive supply chain.
00:36An industry source who requested anonymity said the risk is not remote, warning that workers in the local automotive supply
00:43chain could be the first to feel the strain if Malaysia becomes primarily an assembly base.
00:47The source said that, in contrast, local car manufacturers, while also working with foreign partners, are anchored in a deeper
00:55local ecosystem, supporting hundreds of Malaysian vendors, achieving localization levels above 75%, and contributing to jobs, SMEs and broader industrial
01:04capabilities.
01:06On Tuesday, the Investment Trade and Industry Ministry defended the conditions imposed on new foreign investments in the Malaysian EV
01:12sector, saying they are designed to support long-term industrial development, rather than restrict market entry for foreign players.
01:19Its Minister Johari Ghani said, Chinese automaker BYD was granted an interim manufacturing license in September 2025 for a proposed
01:28assembly plant in Tanjung Malim, based on an export-oriented production model aligned with the National Automotive Policy and New
01:35Industrial Master Plan 2030.
01:38Danish Rajar Reza, FMT.
01:40Indian activations
01:41Hofort
01:41Sur下一
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