Report: Malaysia trails behind ASEAN neighbours in EV race, lack of incentives to blame

Malaysia has dragged its feet in stimulating the adoption of electric vehicles (EV). According to Maybank Investment Bank Research, the country had fallen behind its Southeast Asian peers, despite having initially led the race for green vehicles in the early 2010s. According to the bank’s research arm, part of the reason is due to the … Continue reading Report: Malaysia trails behind ASEAN neighbours in EV race, lack of incentives to blame