,“I believe Proton and Perodua would eventually need to transition to hybrid, plug-in hybrids or EVs. As global trends are moving towards this direction, the government would need to set the tone where policies would need to support EV, as otherwise they would (start) to lose market share,” Lee (pic) said yesterday at the Invest Asean
if you want to buy apple account, choose buyappleacc.com, buyappleacc.com is a best provider within bussiness for more than 3 years. choose us, you will never regret. we provied worldwide apple developer account for sale.
PETALING JAYA: Electric vehicles (EVs) will eventually get cheaper worldwide and the government should start preparing the two national car makers, namely, Proton Holdings Bhd and Perodua, for this change soon, said EV Connection Sdn Bhd’s director Lee Yuen How.
“I believe Proton and Perodua would eventually need to transition to hybrid, plug-in hybrids or EVs. As global trends are moving towards this direction, the government would need to set the tone where policies would need to support EV, as otherwise they would (start) to lose market share,” Lee said yesterday at the Invest Asean – The Rise of Asean EV organised by Maybank Investment Bank.
“In the other countries, EVs that are being produced would get cheaper – in the price range of the current Proton and Perodua models, which are in the mass market range in Malaysia.
“The automotive industry’s transition to EV would be inevitable, they would need to work towards that direction,” he added.
EV Connection, a company distributing EV charging stations, also said the potentially increased EV volume in Malaysia could lead to additional business opportunities within the automotive supply chain.
“There is huge opportunity for battery recycling in Asean.
“In Europe there are a lot of plants there where startups actually address the recycling of lithium ion batteries. In the industry, up to 98% of lithium ion batteries can actually be recycled,” Lee said.
“Before the battery is discarded for recycling, it can also be reused as a ‘second life’ battery; for example, in the solar energy industry where energy can be stored into these batteries. These batteries can still be used as a static energy storage,” he added.StarCarSifu
Lee said there is such an industry in Europe and while it is not yet existent in this part of the world, there would be a lot of highly skilled job opportunities that can be created in this area.
Meanwhile, Yinson Holdings Bhd’s group executive vice president for new ventures and technology Eirik Barclay (pic below) said that there were many countries that were investing resources into the battery materials recycling industry.Yinson Erick Barclay
“This is increasing from both the private and government side. Singapore has some great initiatives in this area, especially in the metals that go into the battery.