Tesla's groundbreaking move with Malaysia is a boost to Southeast Asia's place in the EV supply chain and the first deal under the country's Battery Electric Vehicle Global Leaders initiative.
There are also plans for Tesla to embark on EV battery manufacturing in Malaysia.
Anwar said Malaysia is open to more EV investments, including from Chinese automakers.
Tesla Inc. signage during a launch of company's Model Y electric vehicle in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023.
Building readinessStill, Anwar was hesitant to say a full electric vehicle assembly line is in the pipeline.
Persons:
Tesla, Anwar Ibrahim, CNBC's Martin Soong, Anwar, Elon
Organizations:
country's, Vehicle Global, U.S, EV, Bumiputeras, CNBC, Tesla Inc, Bloomberg, Getty, IT, Zhejiang, Infineon Technologies, Proton
Locations:
Malaysia, Southeast Asia, Putrajaya, Kuala Lumpur, China, Shanghai, Selangor, Malay, Tanjong Malim, Perak, Kedah, Geely