Round-the-clock breaking news from Malaysia.
Malaysia's government is letting market forces determine electric vehicle charging rates rather than imposing price controls, aiming to attract private investment and accelerate nationwide charging infrastructure expansion.
An electric vehicle erupted in flames near a multi-storey carpark in Singapore's Woodlands estate on July 21, with authorities investigating the cause. No one was injured in the incident.
A Chinese content creator has been imprisoned for fabricating damaging claims about Xiaomi's electric vehicle, reflecting Beijing's intensifying crackdown on automotive industry misinformation.
EU tariffs on Chinese electric vehicles have prompted Western automakers to shift production back to Europe, with Chinese-made EV imports from Western brands falling sharply, while Chinese manufacturers expand local manufacturing capacity.
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Malaysia has installed 6,416 public EV chargers nationwide as of May 2026, comprising 2,143 DC fast chargers and 4,273 AC units. The government is accelerating infrastructure development and strengthening local supply chains.
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Malaysia's government is revamping electric vehicle policies and offering incentives to expand charging infrastructure nationwide, working with Tenaga Nasional Bhd to build substations and support the country's net-zero emissions target by 2050.
MCE Holdings officially opened its RM50 million MCE Auto Hub in Serendah, marking the first phase of a RM200 million investment to enhance Malaysia's automotive electronics manufacturing and position the nation as a regional hub for advanced automotive technologies.
Sustainable finance is rapidly becoming mainstream in Southeast Asian banking as demand for electric vehicles and green homes accelerates. Maybank has committed to mobilising RM300 billion in sustainable finance across ASEAN through 2030, nearly doubling its previous five-year target.