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Home News

MITI: Tesla Using Components From 45 Malaysian Suppliers

The collaboration also involves technology transfer to these companies.

by Heirul Kamel
November 22, 2024
Tesla Centre Cyberjaya
223
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Tesla has used components from about 45 local suppliers directly or indirectly to date, according to the Ministry of Investment, Trade and Industry (MITI). It is revealed that the EV maker primarily relies on these local suppliers for the provision of semiconductor components, machinery inspection and factory automation systems, while also involving technology transfer to these companies.

Responding to queries in Parliament, MITI clarified that Tesla’s presence reflects confidence in Malaysia’s EV policies and market potential, despite reports that the automaker has shelved plans for Asean factories. While the US automaker has not committed to assembling vehicles in the country, the ministry says the Malaysian Investment Development Authority continues discussions on integrating local supply chains into Tesla’s manufacturing.

tesla v4 supercharger malaysia
Image: Tesla Malaysia

Additionally, MITI says the government will continue to attract more foreign and local investors to strengthen Malaysia’s automotive sector. The move aims to enhance the supply chain and promote localisation of components.

Tesla Supercharger x Gamuda Cove
Source: Sunlee Khan / Tesla Malaysia.

Back in August, MITI minister Tengku Zafrul Abdul Aziz announced that Tesla has already invested US$1.35 million (~RM59 million) in Malaysia, as part of its efforts to help enhance the country’s EV infrastructure and sustainable energy technologies. The company is also expected to install around 50 of its Supercharger systems in the country by 2026, as part of the Battery Electric Vehicle (BEV) Global Leaders AP programme agreement, with at least 15 open to EVs from all makes.

(Source: Bernama)

Filed Under componentsdevelopmentMalaysiaManufacturingsupplierTechnologytesla
Updated 3:26 pm, Fri, 22 November 24
https://lowy.at/nc89u
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