140 - Malaysia killing affordable EVs? MITI vs BYD CKD plans explained

Malaysia’s EV ambitions are under the spotlight after a week of policy uncertainty involving MITI and BYD. Reports of an 80% export condition and a RM200,000 minimum price for locally assembled EVs sparked backlash, with many accusing the government of protecting national brands.MITI has since clarified that the price floor is RM100K and that the policy does not target any specific brand. But the…