Teslarati

OCTOBER 29, 2021

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.

Malaysia 145

Malaysia Tax Buy Purchase 145

Setec Powerr

NOVEMBER 30, 2022

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. It is foreseeable that Thailand will soon see an explosion of new energy vehicles.

Asia 97

Asia Chinese Thailand Companies 97

Blink Charging

APRIL 6, 2023

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.

Electric Vehicles 52

Electric Vehicles Global Vehicles Tax Credit 52

Baua Electric

MAY 7, 2024

Increasing electric car sales were the main reason for growth in the overall car market, which contracted by 8% for conventional (internal combustion engine) cars but grew by 5% in total, indicating that EV sales are continuing to perform as the market matures. Around 2% of all cars sold were electric.

Costa Rica 52

Costa Rica Cars Brazil Thailand 52