GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News MAI: 52% Of New Models Are EEV In 2017 MAI: 52% Of New Models Are EEV In 2017 Auto News Siew Weng | August 08, 2018 11:27 am 52% of the new models introduced in Malaysia last year are certified as Energy Efficient Vehicles (EEV), surpassing Malaysia Automotive Institute’s (MAI) internal target of 50%. This is nearly a ten percent increase versus 2016. According to the Institute, there are 19 OEMs offering EEVs to the Malaysian market.This information was shared during a media briefing held by MAI on the topic of Automotive Outlook 2018. By 2025, Malaysia Automotive Institute (MAI) expects all new models to be only energy efficient vehicles (EEV).Dato’ Sri Mustapa Mohamad, Minister of International Trade and Industry (MITI) said “This continuous growth is a signal of growing awareness for EEVs within the Malaysian automotive sphere. The acceptance and awareness of energy efficiency is not a function for a single ministry, but signals the support and participation of all government institutions, automotive OEMs and vendors, as well as the public at large.”MAI, however, have a lower outlook to the 2018 industry volume, citing a range of 586,000 to 591,000 units of new vehicle sales. This is just about 10,000 units lower than business consulting firm Frost & Sullivan who forecasted 601,000 units.The briefing which covers mainly the trade and industrial performance of the implementation of NAP 2014 also reported key data in manufacturing, investments and job creation in the automotive industry.Exports of remanufactured parts and components recorded an increase to RM516.4 million as at November 2017, surpassing the RM510 million achieved in December 2016.Meanwhile, exports of automotive parts and components (steering columns, bumpers, brakes, weather strip, tyres, seats, cluster panel etc.) are also expected to increase. 2016 - RM11.2 billion2017 - expecting to surpass RM12 billion (October 2017: RM9.3 billion)2018 target – RM 12.5 billionSince the NAP2014 was announced, 27,125 new jobs were created as at December 2017, which marks nearly a five percent increase compared to 2016. MAI also indicated that 23,444 foreign workers were replaced. A target of 29,641 new jobs have been set for 2018.As for the participation of Bumiputeras in the after sales sector, 976 workshops underwent business transformation programmes towards higher competitiveness levels.Dato’ Sri Mustapa further added, “The growth of the automotive industry has created new career opportunities for Malaysians. Certified human capital programmes have been developed by the MAI since 2014, not only to allow faster penetration of skills into the industry, but at the same time address the pertinent issue of foreign worker replacement among industry players.” The NAP, first implemented in 2014, is expected to be reviewed and announced in the middle of 2018, with the Minister speaking on the government’s attention to trend developments beyond EEV, such as intelligent mobility, transport systems, vehicle security and green cars technology. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags EEV MAI Print Related News Malaysia To Have Own Driving Cycle For Vehicle Fuel Consumption Auto News Siew Weng | November 13, 2018 Malaysia Automotive Institute (MAI) has just announced that they will lead a study on the undertaking of the Malaysia Driving Cycle (MDC), a fuel ... Malaysia’s First Emission Test Centre Launched Auto News Siew Weng | March 26, 2018 The Malaysia Automotive Institute (MAI) together with the Ministry of International Trade and Industry (MITI) and Department of Environment (DOE) ... MAI Pushing For 100% EEV by 2025 Auto News Eric | March 27, 2017 By 2025, Malaysia Automotive Institute (MAI) expects all new models to be only energy efficient vehicles (EEV).Speaking to SunBiz, MAI boss Datuk ... Malaysian Government Lost RM4.89b In Excise Duty For Cars Auto News Hans | July 15, 2019 The latest Auditor General’s Report 2018 revealed that between 2015 to 2017, the Malaysian government had given out RM4.89 billion worth of excise ... Comments
MAI: 52% Of New Models Are EEV In 2017 Auto News Siew Weng | August 08, 2018 11:27 am 52% of the new models introduced in Malaysia last year are certified as Energy Efficient Vehicles (EEV), surpassing Malaysia Automotive Institute’s (MAI) internal target of 50%. This is nearly a ten percent increase versus 2016. According to the Institute, there are 19 OEMs offering EEVs to the Malaysian market.This information was shared during a media briefing held by MAI on the topic of Automotive Outlook 2018. By 2025, Malaysia Automotive Institute (MAI) expects all new models to be only energy efficient vehicles (EEV).Dato’ Sri Mustapa Mohamad, Minister of International Trade and Industry (MITI) said “This continuous growth is a signal of growing awareness for EEVs within the Malaysian automotive sphere. The acceptance and awareness of energy efficiency is not a function for a single ministry, but signals the support and participation of all government institutions, automotive OEMs and vendors, as well as the public at large.”MAI, however, have a lower outlook to the 2018 industry volume, citing a range of 586,000 to 591,000 units of new vehicle sales. This is just about 10,000 units lower than business consulting firm Frost & Sullivan who forecasted 601,000 units.The briefing which covers mainly the trade and industrial performance of the implementation of NAP 2014 also reported key data in manufacturing, investments and job creation in the automotive industry.Exports of remanufactured parts and components recorded an increase to RM516.4 million as at November 2017, surpassing the RM510 million achieved in December 2016.Meanwhile, exports of automotive parts and components (steering columns, bumpers, brakes, weather strip, tyres, seats, cluster panel etc.) are also expected to increase. 2016 - RM11.2 billion2017 - expecting to surpass RM12 billion (October 2017: RM9.3 billion)2018 target – RM 12.5 billionSince the NAP2014 was announced, 27,125 new jobs were created as at December 2017, which marks nearly a five percent increase compared to 2016. MAI also indicated that 23,444 foreign workers were replaced. A target of 29,641 new jobs have been set for 2018.As for the participation of Bumiputeras in the after sales sector, 976 workshops underwent business transformation programmes towards higher competitiveness levels.Dato’ Sri Mustapa further added, “The growth of the automotive industry has created new career opportunities for Malaysians. Certified human capital programmes have been developed by the MAI since 2014, not only to allow faster penetration of skills into the industry, but at the same time address the pertinent issue of foreign worker replacement among industry players.” The NAP, first implemented in 2014, is expected to be reviewed and announced in the middle of 2018, with the Minister speaking on the government’s attention to trend developments beyond EEV, such as intelligent mobility, transport systems, vehicle security and green cars technology. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags EEV MAI
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Malaysia To Have Own Driving Cycle For Vehicle Fuel Consumption Auto News Siew Weng | November 13, 2018 Malaysia Automotive Institute (MAI) has just announced that they will lead a study on the undertaking of the Malaysia Driving Cycle (MDC), a fuel ...
Malaysia’s First Emission Test Centre Launched Auto News Siew Weng | March 26, 2018 The Malaysia Automotive Institute (MAI) together with the Ministry of International Trade and Industry (MITI) and Department of Environment (DOE) ...
MAI Pushing For 100% EEV by 2025 Auto News Eric | March 27, 2017 By 2025, Malaysia Automotive Institute (MAI) expects all new models to be only energy efficient vehicles (EEV).Speaking to SunBiz, MAI boss Datuk ...
Malaysian Government Lost RM4.89b In Excise Duty For Cars Auto News Hans | July 15, 2019 The latest Auditor General’s Report 2018 revealed that between 2015 to 2017, the Malaysian government had given out RM4.89 billion worth of excise ...