KUALA LUMPUR: The Ministry of International Trade and Industry (MITI) aimed to attract RM20 billion in investments in electric vehicle (EV) by 2025.
Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the ministry also targeted the investments to rise to RM40 billion by 2030.
“We need to look at the EV ecosystem and the supply chain as a whole and we will also discuss efforts to further strengthen the EV industry through further discussions with the task force,” he said after witnessing the signing ceremony between Artroniq Bhd and United States-based Beno Inc here today.
He said the EV industry must be viewed holistically, including factors such as software, technical, equipment, engineering and others. - Bernama