Malaysia Pursues Market Reforms to Attract EV and Tech Investment, Aid Net Zero Goals
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Malaysia aims to liberalize markets to boost EV sector and reach net zero goals.
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Tesla recently opened its first Southeast Asia office in Malaysia after being allowed full ownership.
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Government wants to allow foreign student hiring to get talent needed for high-tech sectors.
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Major chipmakers investing billions in Malaysia to shift to renewable energy and higher value production.
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Gradual reforms planned including opening up power generation while keeping control of transmission lines.