PM: Govt to boost EV industry, urges public to accept EV usage

: Prime Minister Datuk Seri Anwar Ibrahim today said the government will continue to boost the development of the local electric vehicle industry and encourage the acceptance of EV use.

To encourage the use of electric motorcycles, the government will introduce the Electric Motorcycle Usage Incentive Scheme for those with an annual income of RM120,000 and below, and with a rebate of up to RM2,400 under the scheme. The government also plans to extend individual income tax relief up to RM2,500 for EV charging facility expenses for four years and tax deductions for EV rental costs for another two years.Anwar said the government is ready to extend the offer period under the Net Energy Metering programme until Dec 31, 2024 to encourage solar panels installation in houses.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DBKL shuts down 44 foreign-run business premises in KLKUALA LUMPUR: The Kuala Lumpur City Hall (DBKL) immediately sealed 44 premises operated by foreigners in the vicinity of Jalan Kenanga, here, yesterda...
Source: theSundaily - 🏆 25. / 51 Read more »

Company auditor loses RM1.48mil to investment scamKUALA LUMPUR: MYAirline has suspended its operations effective Thursday (Oct 12) until further notice.
Source: staronline - 🏆 4. / 75 Read more »