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Malaysia

Malaysia expects EVs and HEVs to account for 20% of new car sales by 2030, up to 80% by 2050, MITI reveals

Nov 27, 2023

Reported on November 24, 2023, The Malaysian Minister of Investment, Trade and Industry (MITI), at the E-Mobility Asia 2023 event, revealed Malaysia’s target to have EVs and hybrids account for 20% of new car sales by 2030, 50% by 2040, and 80% by 2050.
The Minister believes in Malaysia’s potential to attract more h....

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