The government says it will ensure that the country’s electricity supply can meet all users’ needs, including the expected increase that will come about with the progressive switch to electric vehicles (EVs), Bernama reports.
According to minister of international trade and industry Datuk Seri Azmin Ali, addressing these requirements needed to be given serious attention, and that the Economic Planning Unit (EPU) is in the midst of formulating a national energy policy to make sure these needs are met.
“The transition to energy efficient vehicles (EEVs) and EV will have to be done carefully to ensure that the nation’s electricity supply is sufficient,” he said in Parliament yesterday. He was responding to a supplementary question from Nik Mohamad Abduh Nik Abdul Aziz (PAS-Bachok).
In reply to a supplementary question from Choong Shiau Yoon (Independent-Tebrau) on potential joint-venture partners to develop EVs in Malaysia, Azmin said the success of developing the EV industry needed support not only from government policies but also the private sector in terms of infrastructure development.
In a bid to address this, he said that the Malaysian Green Technology and Climate Change Centre is working together with the private sector to look into the development of all supporting infrastructure, including charging stations.
Activity on the EV front looks set to grow in the coming future, given the recent announcement made during Budget 2022, which outlined proposed incentives to support the development of the local EV industry. These include allowing EVs be completely exempt from import duty, excise duty and sales tax beginning from January next year.
The proposal involves 100% duty exemption for CBU electric cars up to December 31, 2023, and 100% duty exemption for CKD electric cars up to December 2025. Clearly the plan is to kickstart the industry with CBU cars and hopefully local assembly activities can begin from 2024 onwards.
Electric vehicles will also benefit from a road tax exemption of up to 100% under the proposal, while an income tax relief of up to RM2,500 will be provided on the cost of purchasing and installing, renting or taking up hire purchase facilities, as well as subscription payments of EV charging facilities.
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We need to focus on Renewable Energy..
Or else, the electricity supply for the EVs is still coming from fossil fuel (gas and coal), it will be pointless
the most hated person in malaysia.
Indeed he seems to be the only Asean trade minister that talks sense. Unlike his counterparts that rush into EV ventures without considering how it could collapse their power grids, he looks towards the issues and ways to resolve the potential problem before it happens to us.
The Sarawak state government already has an early start over the federal government by having a JV with an Australian company to make hydrogen, using electrolysis from the excess power from the Bakun hydroelectric dam, for FCEVs.
Agree.. He really good. Doesnt matter poke infront, or he poke from back. As long he still running power..
Unlike da ex-boss poked inda back but perennial waiting for power to turun langit onto his lap. His protege learnt to stop waiting.
Donno la.. Now the design trend is to poke the charging cable at the side.
Let them talk.We want to see ” concrete ” action.
A parrot also can talk,but what has been achieved?
The last time,we heard a VVIP dude talking about the flying car.Have you seen the prototype?
yea, tnb tiered system, how u gonna change that for ev use?
This guy arr…plan this, plan that…everywhere he goes, no good end product ever comes out, really. Always answer in general terms with no detailed plan because I don’t think he actually knows what he is doing, nor actually care.
By the looks of how much electricity was stolen by syndicate in Malaysia it is unlikely we will face any electricity issues even in the near future when these EVs cost more than RM120k its uptake will be far and few to say the least.