Electric vehicle proponents say they save the environment, offer superlative performance and are cheaper to run than an internal combustion engine (ICE) equivalent. They are however not cheaper to buy, at least not right now, and the general perception most people have about the segment is that it is very much a richer man’s game, given that there are no budget offerings anywhere in sight, or models priced under RM100k for that matter.
Well, the government says it is looking at ways to change that. In a post on his Facebook page, minister of international trade and industry Tengku Datuk Seri Zafrul Tengku Abdul Aziz said a special meeting of the National EV Task Force (NEVTF) yesterday discussed efforts “to reduce the price of EVs in Malaysia so that more people can afford them.”
While dipping under the RM100k mark still looks unlikely in the near future (the BYD Dolphin EA1 could change all that), steps inching towards that are being taken. Earlier this week, MITI deputy secretary general Datuk Seri Norazman Ayub said that EV models priced from as low as RM120,000 will be coming to Malaysia in the second quarter of this year.
“We have now encouraged the importation of more EVs, particularly from China, because we want to have more EVs that are affordable for the rakyat,” said Norazman. At present, the most affordable EV on sale in the country is the base 400 Pro variant of the Ora Good Cat from Great Wall Motors (GWM), at RM139,800 on-the-road without insurance.
Tengku Zafrul also said that the development of the public charging infrastructure was being looked at very closely. “We also need to increase the number of EV charging points throughout Malaysia to support the development of the EV ecosystem at this time,” he said in his post. Last year, the government announced that is was aiming to set up 10,000 charging stations for electric vehicles in Malaysia by 2025 under the Low Carbon Mobility Blueprint (LCMB) 2021-2030.
Additional EV incentives are expected to be included in the revised Budget 2023, which will be tabled in Parliament later this week.
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Can the government afford the cost of electric cars when they reach end of life due to battery wear?
How to reduce…? china most affordable EV selling rm40k but when come to bolehland become rm120k…
With electric car batteries they are recycled into new two sites available in Europe.
Surely they won’t recycle Chinese batteries from Malaysia, the two plants were set up to cater the European automobile industry.
In Malaysia, u r fked up if you are rich
Because the whole system is to spoonfeed the poor, whatever they can’t afford, the rich get taxed and subsidize the poor
“Xde duit xpe, bising at gomen, dpt subsidy, tax the rich, help the poor”
ya keep stealing money from M40 to feed B40.
because B40 lazy. pandai minta tongkat saja.
Don’t forget those who ambil komisen in between lagi..
That’s literally how a country should run e.g. Singapore, S. Korea, Finland, Germany
“We have now encouraged the importation of more EVs, particularly from China”
That’s an interesting approach. Importing instead of producing locally…
If produce locally with a small local market like Malaysia, without economic of scale, it will eventually ended up like Proton venture.
Rm150k is entry level for whom? The newly rich?
Simply put. This gomen is only for the rich. Rakyat marhaen lagi susah.
yalah, B40 macam kau tak habis habis minta sedekah. Bila nak maju?
Sick n tired has a point. Not all T20 can afford that too due to other financial commitment e.g. education, other loans etc.
Hail the oppression and injustice by the PH supporting rich!
all very quiet durin the 60 years under oppression from BN. wow
Previous 60 years gomen never said to limit car ownerships only for the rich.
Previous 60 years gomen never said RM 120k car is considered affordable.
Previous 60 years gomen never bash B40 & M40 for not affording an “affordable Rm 120k” EV.
Previous 60 years gomen never send trolls to whack others for highlighting the truth.
Simply put, previous 60 years gomen was never this farkup like today.
Don’t talk too much, just remove AP will you?
Sick n tired has a point. Not all T20 can afford that too due to other financial commitment e.g. education, other loans etc.
The root cause of poverty in Malaysia:
– laziness (no cure)
– uneducated (hopefully not due to laziness)
– used to handouts (tongkat)
– used to subsidy (tonkat lagi)
– used to gomen assistance (tongkat)
– kwsp account sudah kosong (withdraw tak habis habis)
– poor financial planning (blame who?)
this is a CAR BLOG NOT MORAL CLASS!
Abang root cause’ got it spot on. We are too dumb n proud to swallow our own spit sputum.. Let our brown kampong pipu rots
Previous 60 years gomen never said to limit car ownerships only for the rich.
Previous 60 years gomen never said RM 120k car is considered affordable.
Previous 60 years gomen never bash B40 & M40 for not affording an “affordable Rm 120k” EV.
Previous 60 years gomen never send trolls to whack others for highlighting the truth.
Simply put, previous 60 years gomen was never this farkup like today.
STUPID PN korap
Reduced EV prices must be taken with a pinch of salt:
1. The look – cheap means ugly?
2. Tech – cheap means lesser tech?
3. Range – cheap means less range?
4. Parts – cheap doesnt means sparepart is cheap.
5. Built quality – cheap mean crap QC?
6. Size – cheap means small?
If that is the def then thats not cheap!
Fix the EV roadtax structure first (the easiest thing to do now) then only talk.
Ev roadatx crazy high who want to buy even is lower the cost ev only for rich in malaysia
Just bought the IX and was horrified at how much the road taxes we have to pay starting from 2025. 3k+ per annum. So much for green initiative eh current gomen?
true crazy high….. car price not cheap road tax crazy high charging price also high dono what gov planing
Can pay more than RM400k for the iX, but can’t afford RM2k roadtax is buat malu je….
EVs are actually transferring pollution from the left pocket to the right pocket, so to speak. Electricity for charging comes from coal, diesel and LNG power plants. More EVs, more higher electricity demand, meaning power plants have to run on higher capacities!!!! Means more fuel to be burned more pollution from power plants!! Secondly, rare earth are used for battery production, mining and processing rare earth is highly polluting and generates radioactive waste!!! Lastly, when battery life ends, disposal or recycling of batteries will cause another pollution!!!! Recycling will generates toxic waste and also recycling will need a lot of electricity!!! In the end, it is more polluting!!! LPPL. Take the cue from Sarawak Govt, look into Hydrogen powered vehicles instead!! Clean fuel. No waste disposal issues. Another after thoughts, assuming EVs take up rate is 50%, can TNB cope with the power demand? Fr those staying in condos, how many charging needs to meet installed to meet the demand??? Don’t forget, RapidKL go KL electricity buses uses 10 diesel generators to charge their buses because the power demand is so big that TNB can’t supply!!!!
just remove excise duty and lower import duty for electrified vehicles. See Langkawi prices.
they won’t do that.
Simple.. the govt 1st have to change its mindset. It needs to generate better income to sustain itself and not make money from it’s Rakyat ! Only then all costs can be reduced.
Rich people tpys
Rich people toys
What if EVs couple with solar panels? When everyone talks about electric as not clean energy, why not the government, provides incentives to those buying EV cars with solar panels installed at home? Clean energy and zero pollution.
What if an add-on with Power Storage like Powerwall? less stress on TNB
Solar panels with a capacity to (slowly) charge a car would be around RM40k…