Govt mulling levy on EV sales to fund public charging network
Investment, trade and industry minister Johari Ghani says Putrajaya cannot rely solely on vehicle manufacturers or distributors to undertake such investments.
The Malaysian government is considering imposing a levy on every electric vehicle (EV) sold to fund the expansion of the country's public charging network. Investment, trade, and industry minister Johari Ghani stated that a nationwide public charging infrastructure is essential for supporting the wider adoption of EVs in the country.
While the government has granted exemptions on import duty, excise duty, and sales tax for completely built-up (CBU) EVs to spur market growth, the result has been a loss of RM3.3 billion in tax revenue over the period, with investment in public charging infrastructure falling short of expectations.
Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
