Malaysia’s AHTV can be hub to Asia Pacific’s US$778bil EV market

Published on 17 Jul 2023 6:56:42 PM

Malaysia’s Automotive High-Tech Valley (AHTV) offers tremendous commercial and supply chain opportunities for automotive investors, and could potentially be a hub for Asia Pacific’s estimated US$778 billion (US$1=RM4.53) electric vehicle (EV) market.

Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said the AHTV is set to be a hub where automotive industry professionals can live, work and develop new technologies that will be used in next-generation vehicles (NxGV), EVs and energy-efficient vehicles (EEV).

He told reporters at the Proton Global Investors and Vendors Convention 2023, Kuala Lumpur on Monday (July 17).

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Keywords
automotive, high-tech valley, investment, trade and industry minister, tengku zafrul abdul aziz, energy-efficient vehicles, next generation vehicles

Keywords:
automotive, high-tech valley, investment, trade and industry minister, tengku zafrul abdul aziz, energy-efficient vehicles, next generation vehicles