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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.

Malaysia 145
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CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain – ET Auto

Baua Electric

The South East Asian market (Indonesia, the Philippines, and Malaysia) is yielding strong numbers, he said, adding that the company is evaluating the Middle East market (UAE and others) as the next phase of overseas expansion for the coming financial year.

Auto 52
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The Coming Boom in Rare Earths

Cars That Think

Because of their unique luminescent, electrochemical, and magnetocrystalline properties, rare-earth elements are essential to some of the most important and fastest-growing tech-based industries. That critical importance of rare-earths in so many tech industries is of mounting concern in many Western countries. First, how big is it?

Australia 117