MalayMail/Bernama-May 7

The Malaysian government will continue to engage in government-to-government economic cooperation and attract more Chinese companies to invest in the local automotive sector. At the same time, the automotive sector also needs to ensure that its ecosystem is aligned with the United Nation’s environmental, social and corporate governance (ESG) goals which reflects the requirement of the future, said Prime Minister Datuk Seri Anwar Ibrahim. “The founder and chairman of Geely Holding Group, Eric Li mentioned to me about the immediate initiative for transition, (including) having electric vehicles (EV) alongside petroleum and gas (powered vehicles). (This) would facilitate the transition (to EV) and looking pragmatically into the change and undertaking the task,” he said during the launch of Proton Holdings Bhd’s (Proton) first mild-hybrid electric vehicle (MHEV) model, the Proton X90 at the Malaysia International Trade and Exhibition Centre here today. Read more at: https://www.malaymail.com/news/malaysia/2023/05/07/malaysia-to-attract-more-chinese-companies-to-spur-automotive-sector/68113