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

Teslarati

This figure would be provided “on the cost of purchasing and installing, renting or taking up hire purchase facilities, as well as subscription payments of EV charging facilities,” the report said. It appears the income tax relief will only take effect if an EV charging point is purchased and installed.

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The Global Outlook of Electric Vehicles

Blink Charging

In total, the International Energy Association reports , 6.6 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. In 2021, more EVs than that were sold each week.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

Baua Electric

billion in 2019, according to the International Air Transport Association. But in the United States, domestic and international airfares are expected to move in opposite directions. Reasons for the falling prices include increased airplane capacity — the number of seats on a given route — and a drop in the cost of jet fuel.

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