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I’M done with Malaysia. I am packing up and going to India and Indonesia to sell my technology to local bus manufacturers there,” says a Shah Alam-based developer of technology for electric bus powertrains. His frustration is understandable, given that Malaysia has yet to provide any meaningful incentives for the development of the electric vehicle (EV) industry that would encourage adoption of the technology in the local market. Since 2012, his company has sunk in about RM45 million to locally develop electric bus technology an investment that it may not be able to recoup if it continues to bank on Malaysia to adopt the technology. Its investors and creditors are running out of patience.

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