Business

Malaysia-Tesla collaboration will go beyond EV sector, says Zafrul 

Highlighting call between Elon Musk, PM, minister says it can attract investment in automotive field

Updated 3 years ago · Published on 10 Jul 2023 4:15PM

Malaysia-Tesla collaboration will go beyond EV sector, says Zafrul 
Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said has said that the potential collaboration between Malaysia and Tesla will go beyond the electric vehicle sector. – SYEDA IMRAN/The Vibes file pic, July 10, 2023

KUALA LUMPUR – The potential collaboration between Malaysia and Tesla is not only limited to the electric vehicle (EV) sector but other sectors as well, Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said. 

He said there would be a call between Prime Minister Datuk Seri Anwar Ibrahim and Tesla founder and chief executive officer Elon Musk sometime before the end of this week. 

“There is more than just the EV sector that we are talking about in this potential collaboration. 

“What we want is to attract more potential or investment commitment in the automotive sector and other sectors that we can market within Malaysia,” he told reporters after officiating the soft launch of the International Electric Mobility Showcase (IEMS) 2023 here today. 

Tesla, an EV designer and manufacturer headquartered in Austin, Texas, US, will be making its official debut in Malaysia with the official unveiling taking place in Kuala Lumpur on July 20. 

Meanwhile, Malaysian Green Technology and Climate Change Corporation group chief executive officer Shamsul Bahar Mohd Nor said he hoped Tesla would take part in the upcoming IEMS 2023 scheduled on October 4-6. 

He said IEMS 2023 hopes to secure RM4 billion in green technology and sustainability-led investment prospects compared with RM3 billion garnered during last year’s installation. 

About 400 exhibitors from 40 countries such as China, Japan, Taiwan, Sweden, Austria and the Netherlands are expected to take part in IEMS 2023, drawing 40,000 visitors. – Bernama, July 10, 2023

Related News

Business / 2d

Pengerang investment must deliver results, not mere assurances – industry expert

Malaysia / 1mth

Network School postpones new investments in Malaysia, seeks government guarantee

World / 2mth

76-year-old killed after Tesla 'on auto-pilot' crashes into her home

Malaysia / 4mth

Miri man loses over RM257k in online investment scam

Malaysia / 6mth

Google investment expected to generate US$3.2 billion, 26,500 jobs

Malaysia / 6mth

Private sector worker loses over RM600k after being duped into non-existent investment

Spotlight

Malaysia

Anwar: Children’s smiles, dreams are Malaysia’s future (video)

Heritage

Penang first state to recognise Hungry Ghost Festival, cemeteries as heritage

Malaysia

Child malnutrition needs urgent action, says Charles Santiago

By Alfian Z.M. Tahir

Malaysia

Zahid: Umno, BN favour earlier GE16

World

Trump floats renaming Strait Of Hormuz ‘Trump Strait’ amid Iran conflict

Malaysia

Weak earthquake measuring 3.4 magnitude detected in Keningau

Malaysia

Stepfather held over alleged rape, sexual assault of 13-year-old in Besut

Malaysia

Toying with danger: Police tracking owner of MPV

You may be interested

Business

US-Iran hostilities push oil prices above US$95

Business

Oil prices holds above US$90 as Iran conflict revives supply fears

Business

BNM holds OPR at 2.75% as Malaysia set for 5% growth

Business

MAHA 2026 secures RM1.49b in agrofood deals on opening day

Business

10 per cent tariff by US not a safe ceiling, must act now – industry expert

Business

Budget 2027 should unlock business investment, expand Malaysia’s productive capacity - FMM

Business

Keep power use below 600kwh, get RM100: TNB launches energy-saving campaign