Malaysia is studying a suitable approach to implement the end-of-life vehicle (ELV) management policy by 2025, Science, Technology and Innovation Minister Dr Adham Baba said today.
He said the development of the policy was important to ensure that the components and usable material from old vehicles could be of use and not simply thrown away.
"The excess of dilapidated vehicles, which has also resulted in dengue outbreaks, occurs because there is yet to be a policy that decides on the proper action to be taken, with emphasis on the method of proper disposal," he said at an event in Kuala Lumpur.
He said Malaysia is looking at Singapore and Japan, two countries that have expertise in ELV recycling, in drafting the framework.
He added that 70% of dismantled items from ELVs can be exported to other countries, with the potential of reaching RM10 billion for related industries.
Based on data from the transport ministry, as of May 2022, there were a total of 33 million registered vehicles in Malaysia, 19 million of which were at least a decade old.
When asked about electric vehicles (EV), Adham said Malaysia intends to establish 10,000 charging stations throughout the country by 2025 compared to the current 700.
The EV battery development industry will also need to be coordinated to the use of EVs to provide jobs for the B40 group, he added.