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Tesla Model Y deliveries start in Malaysia

Teslarati

Tesla Model Y deliveries started in Malaysia. Model Y reservation holders in Malaysia finally received their orders after nearly 8 months of waiting. According to local media reports , Tesla Malaysia launched with Model Y orders, followed by the Model 3. Malaysians can avail of generous incentives when purchasing a Tesla.

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

Teslarati

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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Budget 2022: EVs in Malaysia to Be Completely Tax Free,The Mercedes-Benz SUSTAINEER, Autonomous, EV Trucks, & More

EV Obssesion

Malaysia EVs Community reports: 1. Full exemption on import duty, excise duty and sales tax for EV vehicles. Road tax exemption of up to 100 percent is also given to the vehicle. Individual income tax relief up to 2,500 for purchase & installation of EV charging facility.

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Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Thirty-seven percent of Southeast Asian consumers planning to buy a car are open to purchasing an electric vehicle, according to a Nissan-commissioned study by Frost & Sullivan. Across the region, two out of three consumers identified safety standards as the most important factor if purchasing an electric vehicle.

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The Global Outlook of Electric Vehicles

Blink Charging

In fact, China accounted for half of the worldwide growth of EV sales in 2021, and IEA writes that more EVs were purchased there in 2021 than in the entire rest of the world throughout 2020. This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure.

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

Setec Powerr

In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. And there is also a 150,000 baht (equal to more than 27,000 yuan) subsidy for each pure electric vehicle purchase. Thousands of EV chargers have already provided quality services to EV owners in Southeast Asia.

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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.