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Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

OCTOBER 29, 2021

During his address to Parliament earlier this week, Malaysian finance minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz cited the reduction of pollutants and better air quality as the main indicators of why electric cars are a good idea. The current market for electric vehicles in Malaysia is small.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

MAY 7, 2024

Increasing model availability is also helping boost sales. In Malaysia , electric car registrations more than tripled to 10,000, supported by tax breaks and import duty exemptions, as well as an acceleration in charging infrastructure roll-out. Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023.

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