<ul><li>Perodua, known for its disciplined and efficient operations, has unexpectedly ventured into producing its first EV by 2025 under a government mandate.</li><li>Despite starting from scratch without a suitable donor car, Perodua has developed a crossover EV prototype, moving towards production under the New Industrial Master Plan (NIMP) 2030.</li><li>Perodua revealed that they did not receive any R&D grants or financial incentives from the government for the EV project and must prove themselves first to be eligible for any support.</li><li>The company plans to shift from limited production to mass production, aiming for over 2,000 units per month, emphasizing the importance of local vendor participation in the EV ecosystem.</li></ul>

Homegrown Perodua EV did not receive gov’t R&D grants, incentives – ‘we have to prove ourselves first’

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