Wednesday, January 23, 2013

Malaysia to unveil policies for energy efficient vehicles by first half of this year


But one announcement after another is not good enough. Come up with the Policies then talk, not the other way around, shall we?

In October last year the same minister stated that the Government does not plan on cash rebates as an incentive to buy energy-efficient vehicles (EEV) similar to that implemented in the United States or other European countries. This is because the Government is already giving incentive to automotive players to open up their production here.

Is this considered a standard Policy or just bits and pieces of a "tailored policy for each manufacturer"? I think we are not sincere in liberalising the automotive industry in Malaysia. No wonder cars - both local and imported - are still overpriced after so many years of trying.



Policies for energy efficient vehicles in 1H2013
Published: Jan 22, 2013
Via: The Star

KUALA LUMPUR: The government will unveil policies on energy efficient vehicles (EEV) by the first half of this year, which would see the opening up of the segment in the automotive industry.

Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said this would provide good opportunities and a level-playing field for local and foreign players in the industry.

"This is one of the segments that we think is important under the ongoing revised National Automotive Policy (NAP). We have decided this is the segment that we need to open up in the near future," he said at the launch of the Kuala Lumpur International Motor Show 2013 (KLIMS13) here on Tuesday.

He said the government is ironing out policy details such as on technology, fuel emission, standards and quality, adding Malaysia is the only Asean country focusing on the EEV market.

"All the stakeholders in the automotive trade have agreed on two things that we should make the production and marketing of EEV the future focus of the industry and that we should seek to establish a leadership position in the region for this sub-sector," he said.

Mustapa said although the government has not announced the final shape and form of the revised NAP, it will first introduce the pre-package customised incentives to support the development of the EEV sub-sector.

This is all part of the transition period towards the opening up of the automotive market towards 2015 and 2016 with the realisation of Asean Economic Community (AEC) and the implementation of free trade agreements between Malaysia and trade partners like Australia and Japan.

"With 2015 and 2016 around the corner, everyone in the motor sector are aware that they have to open up and all of them are gearing up to face new reality and new competition," he said. - Bernama

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