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

Teslarati

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. I’d love to hear from you!

Malaysia 145
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The SPEG process extracts all carbon from the waste feedstock, removes all particulates and acid gases, and produces no toxins or pollution. It not only solves our air quality and climate challenges by producing pollution-free hydrogen. That’s why our partnership with SGH2 is so important. This is game-changing technology.

Waste 448
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

And there is also a 150,000 baht (equal to more than 27,000 yuan) subsidy for each pure electric vehicle purchase. million electric vehicle users by 2025 to stimulate market demand and reduce air pollution. In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year.

Asia 97
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade. However, the phase-out of several purchase subsidies in Germany slowed overall EV sales growth.