Deputy Prime Minister Datuk Seri Fadillah Yusof has highlighted Malaysia's potential to emerge as a regional hub for electric vehicle (EV) production and innovation.
Speaking at the opening of the Kuala Lumpur International Mobility Show (KLIMS) 2024, Fadillah, who is also Minister of Energy Transition and Water Transformation, emphasised the growth opportunities within the mobility industry for local manufacturers and small and medium enterprises (SMEs).
"This strategic initiative focuses on integrating local manufacturers and SMEs into the global supply chains, thereby boosting economic growth and competitiveness," he said, referring to the National Investment Aspirations (NIA) framework aimed at positioning Malaysia as a global supply chain hub.
KLIMS 2024, themed "Beyond Mobility", is organised by the Malaysian Automotive Association (MAA) and managed by Qube Integrated Malaysia Sdn Bhd. The event was also attended by Transport Minister Anthony Loke.
