ENZHMS
Link Copiedcheck_circle
EV

Malaysia To Attract Investment As Neutral EV Chip Manufacturing Hub?

Kumeran Sagathevan

Share via

Anwar-EV-Chip-(6).jpg


Prime Minister Datuk Seri Anwar Ibrahim has announced that the National Semiconductor Strategy (NSS) will receive RM25 billion in federal investment to begin operations.

This considerable investment underscores the government's determination to position Malaysia as a worldwide chip industry leader.

During his keynote speech at Semicon Southeast Asia 2024, held at the Malaysia International Trade and Exhibition Centre, Anwar emphasised that the NSS is designed to stimulate collaboration with global players, particularly those in Southeast Asia.


Anwar-EV-Chip-(9).jpgAnwar-EV-Chip-(2).jpg


He also talked about the NSS's three-phase strategy, which includes expanding current semiconductor production units and promoting foreign direct investment from major tech companies like Apple, Huawei, and Lenovo.

In Phase 1, Malaysia seeks to attract at least RM500 billion in domestic direct investment, with a focus on integrated circuit design, innovative packaging, and production equipment. Meanwhile, foreign direct investment will focus on wafer fabrication and production equipment.


Anwar-EV-Chip-(4).jpg


The NSS also intends to build at least ten Malaysian enterprises specialising in design and advanced packaging, with revenues ranging from RM1 billion to RM4.7 billion, and to nurture at least 100 semiconductor-related companies with revenues reaching RM1 billion.

Furthermore, Anwar recognises the complexity and expensive costs of developing chip technology, but underlines that Malaysia would focus on other sections of the value chain.


Anwar-EV-Chip-(8).jpg


He also mentioned that electric vehicles (EV) require about 3,000 chips, a much larger number than internal combustion engine (ICE) vehicles. Additionally, as the global EV market expands, Malaysia could become a key supplier of these EV chips.

Therefore the NSS would move Malaysia forward, placing the country as a neutral and non-aligned hub free from any sanctions and tariffs for semiconductor manufacture.




Share This Article

More then half his life spend being obsessed with all thing go-fast, performance and automotive only to find out he's actually Captain Slow behind the wheels...oh well!

Share via

JPJ Running Numbers

KUALA LUMPUR

VPS9429

SELANGOR

BSH9196

JOHOR

JYH547

PULAU PINANG

PRU2331

PERAK

APB3335

PAHANG

CFD5277

KEDAH

KGC3540

NEGERI SEMBILAN

NEH1677

KOTA KINABALU

SJM6903

KUCHING

QAB2009M

Last updated 24 Sep, 2025

Fuel Price

Petrol

RON 95

RM 2.05

RON 97

RM 3.21

+0.03

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 2.93

+0.03

EURO 5 B7

RM 3.13

+0.03

Last updated 18 Sep, 2025

Related News

EV

Quirky Baojun Yep EV SUV Officially Launched - Features Refrigerated "FRUNK"

Baojun Yep EV SUV officially launches in China with refrigerated frunk, ‘smartwatch’ rear screen, and retro-esque off-road options.

EV

FedEx Adds Electric Vans To Promote Sustainable Logistics in Malaysia

FedEx Express has successfully onboarded two DFSK EC35 Electric Vans for parcel pick-up and delivery operations in the Klang Valley in its effort to promote sustainable logistics.

EV

Will Targeted Electricity Subsidies Cost EV Owners More For Home Charging?

The PM recently mooted the idea of targeted electricity subsidies. Will this hurt EV owners who charge up at home?

EV

BYD Seagull To Feature Sodium-Ion Battery With 405KM Range - Priced From RM51K

BYD Seagull will feature the e-Platform 3.0 and boast a range 405 KM CLTC.

EV

Gentari, Yinson & EVC Signs Tri-Party Partnership Allowing Cross-Access Of Charging Points

With this tri-party partnership, EV users would now be able to cross-track and cross-access charging of their EV’s with any of the CPOs mobile apps - Gentari (via Setel), JomCharge and chargEV.

EV

WAZE To Roll Out EV Charging Points On Its Maps - Owners Must Input Vehicle & Plug Type

Google owned Waze, rolling out new feature to make it easy for EV owners to plan their trip

EV

300 Zero Motorcycles Delivered For G20 Summit In Bali, First All EV Motorcade In A World Summit.

In preparation for the G20 Summit in Bali this month, nearly 300 new Zero Motorcycles have been delivered to Indonesia by Zero Motorcycles USA, the global leader in electric motorcycles and powertrains.

EV

GE15: BN Manifesto Calls For Abolishment Of APs On Electric Vehicles

On the EV front, BN had listed their EV initiative as the 4th focus point where it pledges to remove all forms of Approval Permit (AP) that is currently set for importation of EV’s into Malaysia.

Latest News

EV

Revised 2026 Volvo EX90 Revealed

Updated 2026 Volvo EX90 flagship EV SUV gains new 800-volt EV platform, quicker charging and beefed up ADAS computer.

23-09-2025
EV

Leapmotor B10 Debuts in Thailand – Est. Below RM100K, Malaysia Next?

The Leapmotor B10 EV has made its ASEAN debut in Thailand, with an estimated price of below RM100,000. Malaysia next?

23-09-2025
EV

SIB-APU Collaboration Eyes EV, Hybrid Training and Smart Manufacturing

SIB and APU inks five-year MoU, aims to advance EV and hybrid training, certification and smart manufacturing.

EV

Ducati V21L Showcases QuantumScape Solid-State Battery Tech

Ducati V21L electric race bike showcases QuantumScape solid-state battery cells tech that boasts 844 Wh/L energy density.

EV

BYD YangWang U9 Xtreme Crowns as the World’s Fastest Production Car

At 496.22 km/h speed, the all-new BYD YangWang U9 Xtreme is now the world’s fastest production car ever.

21-09-2025
EV

Honda WN7 Unveiled in Europe as Brand’s First Production Electric Motorcycle

The all-new Honda WN7 breaks cover in Europe as the brand’s first-ever production electric motorcycle.

19-09-2025
EV

Malaysian-Bound smart #5 EV Gains 5-Star Euro NCAP Rating

The upcoming smart #5 EV has just scored a 5-star rating in the Euro NCAP crash test—the highest among large SUVs in 2025.

19-09-2025
EV

FedEx Expands EV Fleet in Malaysia with 41 Maxus Vans

Logistics giant FedEx scales up electric push by adopting 41 Maxus EV vans, aims to cut 305 tonnes of CO2 emissions annually.

Show More

trending_flat
About Us

CarzAutoMedia: Stay connected to the latest car news! Get instant updates on new releases, industry trends, and automotive innovations. Your go-to source for 24/7 coverage of everything automotive.

© 2025 CariCarz.com. All Rights Reserved.