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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

Customers in the Philippines, Thailand and Indonesia emerged as the most enthusiastic about electric cars. Contrary to common perception, cost was not a deterrent—in fact, customers surveyed were willing to pay more to own an electric vehicle, compared with a comparable conventional car. Source: Nissan.

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

Setec Powerr

According to the Association of Passenger Transport, in the first half of 2022, China exported 58,400 new energy passenger cars to Southeast Asia, accounting for 16.1 percent, making it the second largest market for new energy passenger car exports. Data shows that only 1,954 electric vehicles will be sold in Thailand in 2021.

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