KUALA LUMPUR: The Transport Ministry is in the final stage of reviewing the road tax rate structure for electric vehicles (EVs), and it is expected to be announced next month, says Anthony Loke Siew Fook. The Transport Minister said road tax for EVs would be cheaper than the road tax for Internal Combustion Engine (ICE) vehicles,...
Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan's Nikkei news group reported on Sunday (Jan 7). The project could be one of Honda's largest investments, the report said. The Japanese automaker is looking at multiple potential...
JAKARTA: Prime Minister Datuk Seri Anwar Ibrahim has repeated the necessity of a regional financial system that addresses economic global uncertainties and financial risks while enhancing regional economic independence and safety nets. Speaking at the 26th Asean Plus Three Summit meeting on Wednesday (Sept 6), he also addressed concerns related to food security and called for...
KOTA KINABALU: Sabah has secured another RM300mil investment from SK Group, the second-largest conglomerate in South Korea. “This comes after SK Nexilis (as part of SK Group’s electric vehicle value chain) invested RM4.2bil to construct the world's largest copper foil manufacturing plant in Sabah (since 2021),” said state Industrial Development and Entrepreneurship Minister Phoong Jin Zhe...
