Research firm: Malaysia accounts for 2 4pc of electric cars sold in South-east Asia in Q1, behind Thailand s 78 7pc malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Great Wall Motor and BYD Co. already have factories there, with Chongqing Changan Automobile, GAC Aion and Hozon New Energy Automobile Co. also poised to start production in the kingdom soon.
Hozon New Energy, which manufactures affordable electric vehicles, has plans for a US$1 billion IPO in Hong Kong at a time when the sector is witnessing a…