The Way Forward! Tesla Will Start Operating in M’sia; to Open HQ & Import Vehicles Into Country

Business & Finance
1 Mar 2023 • 3:10 PM MYT
WORLD OF BUZZ
WORLD OF BUZZ

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The Minister of International Trade and Industry (MITI) Tengku Zafrul has just announced that Tesla electric cars will be entering the Malaysian market.

In a tweet, he explained that MITI has approved Tesla’s application to import Battery Electric Vehicles (BEVs) into Malaysia and that Tesla will be setting up a Head Office, Tesla Experience & Service Centres, and Supercharger network here.

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Meanwhile, in a statement, MITI said that bringing Tesla into the country will also mean that the company will be creating skilled and “better paying jobs” for Malaysians.

The ministry added the latest development demonstrated Tesla’s confidence in Malaysia’s economy and business environment.

“Tesla’s presence in Malaysia is expected to create skilled and better paying job opportunities for workers in the BEV segment and increase the participation of local companies in the Tesla ecosystem both domestically and globally.”

“We are pleased by Tesla’s decision to establish its presence in the Electric Vehicle (EV) ecosystem in Malaysia,” they wrote.

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“Even as major global brands decide to invest and re-invest in Malaysia, MITI and its agencies will continue to enhance efforts to improve the ease of doing business, while continuously profiling Malaysia as pro-trade, pro-industry and pro-investment,” added MITI.

According to the statement, Tesla’s entry has been facilitated by MITI through the introduction of the BEV Global Leaders initiative which is aimed at boosting BEV demand in the local market and further promote the development of the entire ecosystem to support BEV adoption.

 

What do you think of the announcement? Let us know in the comments.

 

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This post first appeared on WORLD OF BUZZ.