Malaysia is taking steps to further build and strengthen its electric vehicle (EV) sector through a range of policy measures, by leveraging the existing EV ecosystem and ensuring a solid talent pool for the development of Malaysia’s EV industry, said the ministry of international trade and industry (MITI), reported Bernama.
The country is looking seriously into policies that will support energy sectors to ensure that the EV ecosystem is fully supported through standards, certification and verification for charging systems as well as for battery disposal, minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.
“Opportunities abound in the areas of renewable energy, energy efficiency, energy storage systems and support services for EVs such as EV charging stations, operation and maintenance,” he said in his keynote address at an EV conference earlier this month.
The Malaysian government will need to strengthen the country’s technical and vocational training in order to capitalise on the EV market, said Zafrul, adding that the government has made a firm commitment to strategically develop the automotive industry, particularly the EV sector as part of its 2050 net-zero carbon ambitions.
In a move that will most likely further drive the rate of EV adoption in the country, finance minister and prime minister Datuk Seri Anwar Ibrahim announced during the tabling of the revised Budget 2023 that the current exemption for import and excise duties for fully imported (CBU) EVs will be extended by another year to December 31, 2025.
This was originally to end on December 31, 2023, before the first tabling of Budget 2023 extended the exemption to December 31, 2024.
Also receiving an extension is the import tax exemption period for components used in locally assembled EVs, which gets extended by two years to December 31, 2027 from its prior end date of December 31, 2025.
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what about road tax for EV?
EV is for the rich = PH Gomen is for the rich.
Stupid. Moo gov gave exemption as well. EV is for environment health. that’s why the gov are pushing it so does other countries. Of course new tech will be expensive. Walaun will always be walaun
If really serious should just extend for at least 10 years
Well too bad for you as all foreign investment runs to both Indonesia and Thailand and no thanks to you as the ex-FM lets see how we will trail behind those country.
No thanks to PH coming back. When Azmin was minister, many car companies were coming over here but when Anwar cilok gomen, they all stayed away.
LOL…Celup King self-expose himself as azmin fanboy! Kah kah kah no wonder such a sore loser!! ROTFLMAO!!!
EVs currently is beyond the reach of the masses.
At 150 grand,it is a toy car for the rich.Those who buy an EV ,most likely already own Camrys,Merc or BMW.
EVs are just a second,third or fourth car for them.
Dont keep preaching Evs.They must be affordable like a top spec Myvi price range,and the infra well developed.
Now,it sucks, Ev here,EV there.It is for the T20 and financially well endowed.
If Perodua makes EV version Alza and sells it at below RM 80K, then I will be the first batch of customer who buy it.
adequate charging network infra & reasonable charging fee also kena sekali la
Local car manufacturers need to push EVs quick. Too many foreign EV manufacturers. Hence the high prices. I think once the infrastructure is up and running, I can Proton and Perodua making their EV debuts.
Daihatsu currently only has a Concept EV, so no Perodua EV in the near future.