Yinson CEO Advocates High-Value ASEAN EV Ecosystem
Yinson CEO Lim Chern Yuan, has emphasised the importance of a unified ASEAN strategy to strengthen the electric vehicle (EV) industry across the region. Yinson is the outfit behind ChargEV, a prominent charge point operator (CPO) and DrivEV a EV leasing company.
Speaking at the recent ASEAN Economic Opinion Leaders Conference during a panel discussion titled "ASEAN EV Implementation Roadmap," Lim outlined a vision for regional collaboration to position ASEAN as a competitive force in the global EV market.
Lim also stressed the necessity of moving away from the existing low-value assembly model and toward high-value industries that create high-paying employment.
He further pointed out that Malaysia’s semiconductor industry plays a critical role in the EV ecosystem and praised Indonesia’s strategic focus on battery production, leveraging its significant nickel reserves.
According to him further, ASEAN countries must adopt a comprehensive approach to determine which countries should specialise in specific sectors of the EV value chain, rather than compete with one another.
Using China as an example, Lim explained, “China developed a fully integrated supply chain driven simply because of its strong domestic market. Therefore, ASEAN countries must avoid fragmented policies that could hinder their ability to compete globally.”
Additionally, to attract investments and build a robust regional EV ecosystem, Lim noted the importance of increasing domestic demand for EVs across ASEAN.
Lim also highlighted Taiwan's success with battery-swapping stations and a robust aftermarket for EV motorcycles as a model for ASEAN. He urged similar initiatives to boost consumer confidence and attract investments in the regional EV sector.
Beyond manufacturing, Lim also encouraged ASEAN countries to stop mimicking China but instead invest in high-tech fields of their own such as software engineering for advanced driver assistance systems (ADAS) and renewable energy technologies.
Written By
Kumeran Sagathevan
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!
JPJ Running Numbers
KUALA LUMPUR
VPS7563
SELANGOR
BSH8739
JOHOR
JYG9415
PULAU PINANG
PRU1950
PERAK
APB3064
PAHANG
CFD5159
KEDAH
KGC3413
NEGERI SEMBILAN
NEH1570
KOTA KINABALU
SJM6620
KUCHING
QAB1877M
Last updated 22 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
5G Application Tests Via eMooVit Autonomous Bus Passenger Trails Starting Sept 23
5G usage and application are being tested through eMooVit autonomous buses in Putrajaya starting Sept 23.
10-09-2024
Loke: Govt. Is Prioritising EV Ecosystem Development
YB Anthony Loke acknowledged EV adoption is still in early stages and the government is prioritising its development.
13-08-2024
Latest News
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.
22-09-2025
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
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
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
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.
19-09-2025
BYD Teases Yangwang U9 02 - New Prototype EV Supercar With Nearly 3,000 hp!
Chinese NEV-making giants BYD teases upcoming Yangwang U9 02 prototype halo EV supercar that boasts nearly 3,000 hp.
18-09-2025
Audi E5 Sportback Bows in China With Up to 773 km Range & RM140k Price Tag
New Audi E5 Sportback from SAIC Audi JV bows China bringing sleek coupe lines with wagon-like space, up to 773 km range and RM139,000 starting price.
17-09-2025
Uprated 489 HP Zeekr X Revealed in China — Will Malaysia Get It?
Zeekr X gets 489 hp power bump, delivering more performance while keeping its familiar hot hatch looks.
13-09-2025
Show More
trending_flat