Malaysia aims to expand its presence in the electric vehicle (EV) supply chain business following Tesla's decision to establish a Regional Headquarters in the country. Under the agreement, Tesla will be able to sell its Shanghai-made EVs directly without import tariffs, establish a regional headquarters and service center in Selangor, and eventually build a network of charging stations. Malaysia is open to more EV investments, including from Chinese automakers, and there are plans for Tesla to embark on EV battery manufacturing in the country. The move is seen as a boost to Southeast Asia's position in the EV supply chain.

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