Perodua Confident Malaysia’s Automotive Market Will Continue Growing By 2030
RAWANG: Perodua is optimistic that Malaysia’s automotive industry can achieve total vehicle sales of one million units by 2030 as electric vehicle technology and consumer demand continue to grow.
Perodua president and chief executive officer Zainal Abidin Ahmad said the company believes ongoing global automotive industry changes will significantly influence the Malaysian market over the coming years.
According to him, around 20 per cent of Malaysia’s total automotive sales by 2030 are expected to come from electric vehicles (EVs) and other electrified models, including hybrids or XEVs.
“The automotive market is evolving rapidly and the use of electrification technology is expected to increase significantly over the next few years,” he said during a press conference held in conjunction with Japanese Ambassador to Malaysia Noriyuki Shikata’s visit to the Perodua factory today.
XEV is an automotive industry term used to describe all categories of electrified vehicles, including fully electric and hybrid models.
He added that consumers replacing existing vehicles are expected to contribute the largest share to the future automotive market, alongside younger first-time buyers.
“Younger consumers will continue to be one of the key groups driving the future growth of the automotive market,” he said.
At the same time, Perodua aims to maintain approximately 45 per cent of Malaysia’s overall automotive market share.
According to Zainal Abidin, Malaysia also has the potential to become a strategic regional hub for Daihatsu’s future automotive expansion.
He said Perodua intends to strengthen local capabilities in automotive design and development through strategic collaboration with Daihatsu.
In addition, he encouraged more Japanese companies to invest in Malaysia’s automotive manufacturing sector to reinforce local supply chain capabilities.
He noted that such efforts are important to ensure the country’s automotive industry remains resilient against future global supply disruptions.
Daihatsu currently holds a 20 per cent stake in Perodua and continues to serve as one of the national automaker’s key strategic partners.
The development reflects growing confidence in Malaysia’s automotive future as the industry increasingly focuses on green technology, innovation and vehicle electrification.
-wilayah.com.my
