Automotive Incentives Must Benefit Entire Supply Chain, Say Industry Players

Industry players are urging the government to ensure that automotive incentives benefit the entire supply chain, not just manufacturers. They argue that suppliers, vendors, and smaller players also need support to remain competitive.

Automotive Incentives

Experts highlighted that a balanced approach would strengthen the industry ecosystem, particularly as Malaysia transitions towards electric vehicles. Inclusive incentives could help local businesses adapt and innovate more effectively.

They added that policy clarity and long-term planning are essential to sustain growth and attract investment in the automotive sector.

Industry players want incentives to support the full automotive ecosystem.

Business News