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Malaysia’s EV ambitions are under the spotlight after a week of policy uncertainty involving MITI and BYD. Reports of an 80% export condition and a RM200,000 minimum price for locally assembled EVs sparked backlash, with many accusing the government of protecting national brands.MITI has since clarified that the price floor is RM100K and that the policy does not target any specific brand. But the situation raises bigger questions — why does this issue seem to centre around BYD, and why hasn’t the company responded?In this episode of Let’s Talk About #140, Amin and Alex break down what’s happening, what it means for EV affordability in Malaysia, and why clearer, long-term policies are critical to support both consumers and industry players.
By SoyaCincauMalaysia’s EV ambitions are under the spotlight after a week of policy uncertainty involving MITI and BYD. Reports of an 80% export condition and a RM200,000 minimum price for locally assembled EVs sparked backlash, with many accusing the government of protecting national brands.MITI has since clarified that the price floor is RM100K and that the policy does not target any specific brand. But the situation raises bigger questions — why does this issue seem to centre around BYD, and why hasn’t the company responded?In this episode of Let’s Talk About #140, Amin and Alex break down what’s happening, what it means for EV affordability in Malaysia, and why clearer, long-term policies are critical to support both consumers and industry players.

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