Green Innovation for Competitive Advantage in PROTON’s Automotive Sustainability Initiatives
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Abstract
PROTON's approach to eco-innovation within the automotive industry emphasizes strategies to enhance environmental sustainability while maintaining competitive market positioning. Driven by environmental concerns and regulatory pressures, the demand for green technologies has led PROTON to implement initiatives such as developing hybrid and electric vehicles through partnerships with international firms like Lotus and Geely. Despite progress, PROTON faces challenges, including high research and development costs, limited consumer awareness, and intense global competition. This article explores strategies to overcome these obstacles, including increasing consumer education, expanding local R&D capabilities, optimizing production processes, and fostering partnerships with governmental and private sector stakeholders. Through a multi-faceted approach to eco-innovation, PROTON aims to lead in sustainable automotive solutions, aligning with market demands and Malaysia’s broader environmental objectives. The findings contribute to a deeper understanding of eco-innovation practices in emerging markets, underscoring the importance of green technology for future competitiveness and environmental stewardship.