is to end on December 31, 2023 for CBU EVs, and up to December 31, 2025 for CKD locally-assembled EVs., potentially making imported EVs even cheaper, if companies pass the AP savings to customers.wants EV incentives to go on for 10 years
. “We seek extension of full import and excise tax exemption for CBU EVs while the market is preparing for the growth of EVs in Malaysia. We hope there will be incentives for up to 10 years,” president Datuk Aishah Ahmad said in September, adding thatBudget 2023 was presented by former finance minister Tengku Datuk Seri Zafrul, who is now MITI minister.
Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.