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Budget 2024: Unity government focuses on EV development industry and public adoption

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KUALA LUMPUR, Oct 13 — Unity government is committed to developing Malaysia’s electric vehicle (EV) development industry and encouraging public adoption of the technology to...

Prime Minister Datuk Seri Anwar Ibrahim announced that the government welcomed the investment worth RM170 million from established companies, namely Tenaga Nasional Bhd , Gentari and Tesla Malaysia, to build 180 EV charging stations. ― Picture by Farhan NajibKUALA LUMPUR, Oct 13 — Unity government is committed to developing Malaysia’s electric vehicle development industry and encouraging public adoption of the technology to achieve net zero carbon emission.

“Buyers will be given rebates of up to RM2,400,” he said during the tabling of Budget 2024 in the Dewan Rakyat today.Additionally, he said that Prasarana Malaysia Bhd has also agreed to build three bus depots valued at RM600 million and obtain 150 electric buses to support the LRT 3 project. “The government is ready to extend the offer period of the Net Energy Metering program until December 31, 2024 to encourage more people to install panels in residential premises.

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