SST exemption able to boost automotive industry

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Industry leaders are confident the right policies and infrastructure can greatly boost the sales of electrified vehicles in Malaysia, subsequently boosting the automotive industry as a whole. FMTNews

Malaysians are increasingly being aware of the benefits of electrified vehicles from an ownership experience.

While there are early adopters who embrace the technology easily, incentives, industry and infrastructure support helps the demand comfort for the adoption of the technology and innovation. He believes that Malaysians are increasingly being aware of the benefits of electrified vehicles from an ownership experience, which include cost benefits, driving and charging experience.

Electrified vehicles make up a big chunk of all their sales, and having the right policies and infrastructure put in place could greatly improve not just their sales but also boost the automotive industry as a whole. “This is definitely a welcome move and a further progressive step in the right direction for the industry.”

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