Business

Tesla gets approval to import battery-electric vehicles: Miti

Firm to set up head office, establish ‘Supercharger’ network in M’sia

Updated 1 year ago · Published on 01 Mar 2023 12:20PM

Tesla gets approval to import battery-electric vehicles: Miti
The International Trade and Industry Ministry says Tesla is the first applicant for its BEV Global Leaders initiative, which aims to help boost local battery-electric vehicle (BEV) demand and further promote the development of the entire ecosystem to support BEV adoption. – Pixabay pic, March 1, 2023

KUALA LUMPUR – The International Trade and Industry Ministry (Miti) has approved Tesla’s application to import battery-electric vehicles (BEVs) into Malaysia.

In realising this objective, Tesla will establish a head office in Malaysia, introduce Tesla’s “experience centres” and service centres, and establish its “Supercharger” network.

Tesla’s presence in Malaysia is expected to create skilled and better-paying job opportunities for workers in the BEV segment besides increasing 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 ecosystem in Malaysia.

“This demonstrates Tesla’s confidence in our economic fundamentals and conducive business environment,” its minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said in a statement.

He said even as major global brands decide to invest and reinvest in Malaysia, his ministry 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.

“We will also strategically leverage on our established electrical and electronics ecosystem to make Malaysia the preferred investment destination for technology related to electric mobility,” he added.

Tesla first applicant 

The entry of Tesla has been facilitated by the ministry through the introduction of the BEV Global Leaders initiative, which aims to help boost local BEV demand and further promote the development of the entire ecosystem to support BEV adoption.

“In addition, the initiative seeks to secure investments from leading global BEV manufacturing companies in Malaysia. Tesla is the first applicant of this initiative by Miti,” the ministry said. – Bernama, March 1, 2023

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