Right-to-charge law vital in unlocking Malaysia’s EV market

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Lack of charging stations in condominiums and apartment buildings will prevent Malaysians from investing in an EV.

Now that the world’s two top-selling electric vehicles are on sale in Malaysia, together with 18 other models from car makers in China and Europe, one might think that EV fans would be spoilt for choice.

Local government development minister Nga Kor Ming early this year had said that regulations for EV charging facilities for all types of multi-level and high-density housing developments would be presented by June. The laws make it possible for someone to install an EV charger for individual use, although there will be some reasonable restrictions. These conditions may include paying for the necessary electrical infrastructure or upgrades, associated charging costs, and maintaining coverage on an insurance policy.

When Tesla founder Elon Musk introduced his electric car, the business plan was to provide a charging network stretching from the US east coast to west coast. Another of his business plans was that charging facilities should have at least 14 charging guns. Third, Malaysian car buyers have a great appetite to buy EVs if there’s a tax break and the cars are practically tax free until 2025.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Right-to-charge law vital in unlocking Malaysia’s EV marketLack of charging stations in condominiums and apartment buildings will prevent Malaysians from investing in an EV.
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