News Update

Tesla Expands To Malaysia With Ev Imports And Charging Infrastructure

Malaysia has officially announced that Tesla Inc TSLA.O, a leading electric vehicle (EV) manufacturer, will soon establish an office in the Southeast Asian country. The announcement was made on Wednesday, March 1st, by the Malaysian government, along with the news that Tesla will also be setting up a network of charging stations to facilitate the use of its cars in the region.

This move by Tesla is expected to significantly boost the adoption of EVs in Malaysia, which has been actively promoting the use of sustainable transportation in recent years. Tesla’s entry into the Malaysian market is seen as a positive development that will not only provide more options for consumers but also help to promote sustainable transportation in the country.

According to Malaysia’s trade ministry, Tesla’s presence in the country is also expected to create skilled jobs and increase local participation in the Tesla ecosystem. However, the government has yet to disclose when Tesla will open its office in Malaysia. Tesla, led by Elon Musk, has yet to respond to requests for comment on the matter.

Japan Sees Biggest Fall In New Births As Numbers Continue To Decline

New data released by the Japanese government on Tuesday, February 29th, showed that the country experienced its most significant drop in new births last year, with the number of babies born falling below 800,000 for the first time since records began in 1899. The data revealed that the total number of births fell by 5.1% to 799,728, and when excluding children born to foreign parents, the number is estimated to be around 770,000. This marks the seventh consecutive year of declining birth rates in Japan.

The number of deaths in the country also reached a record high of 1,582,033 last year, representing an increase of 129,744 from the previous year. This data aligns with an ongoing trend since 1973, when Japan recorded its highest number of new births at around 2.09 million. Since then, the number of new births in the country has been declining steadily.

Japanese Prime Minister Fumio Kishida has stated that his government is prioritizing policies to support child-rearing. He emphasized that this is the ‘most effective investment for the future’ of the country.
Kishida also warned that Japan, with a population of around 126 million people, is on the brink of losing its social function due to the rapidly declining birth rate. Japan is also struggling with an aging population, exacerbating concerns about the country’s future.