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Malaysia: Automotive Industry Players Looking Ahead For Further Initiatives On Evs Next Year

KUALA LUMPUR, (Bernama) — Malaysian automotive industry players are looking forward on the outlook for the industry next year when the National Automotive Policy (NAP) will be unveiled in January 2014.

The long-awaited policy is expected to focus on further initiatives for the the electric vehicles (EVs) in the Energy Efficient Vehicle (EEV) segment.

Industry players have been hoping for government funding for the EVs following significant success in the hybrid car segment.

“Unfortunately, there has been no automobile-related matters mentioned in the 2013 and 2014 Budgets tabled by Prime Minister Datuk Seri Najib Tun Razak.

“This has led to industry talk over the future of the automobile industry particularly on the government’s policy on hybrid cars. Nonetheless, sales of hybrid cars are picking up in the country,” an industry leader, who requested anonymity, told Bernama.

Deputy Minister of International Trade and Industry Datuk Hamim Samuri has hinted that the future for EVs was bright as the cars would meet motorists current and future needs in sync with the government’s plan to reduce carbon gas emission in the air by 40 per cent by 2020.

International statistics showed global oil supply was shrinking and according to projections oil supply will deplete totally over the next 20 years.

This means, in terms of requirements, electric energy as an alternative source of power from petrol, has a bright future.

“The potential for EVs is very bright. We already have the technology, what we have to do now is to improve the re-charging of electric vehicles’ batteries,” Hamim told Bernama.

On technology development, Hamim said Malaysia has DreamEdge Sdn Bhd, a Bumiputera company, which specialises in vehicle engineering design services.

The company is registered under the Malaysia External Trade Development Corporation (Matrade) and was supervised by the International Trade and Industry Ministry.

He aaid DreamEdge has developed a suitable electric car fitted with light parts and components.

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