Miti wants more affordable EVs in the country

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Norazman also said the government aims to provide at least 10,000 units of public charging facilities by 2025.

Deputy secretary-general of industry, Datuk Seri Norazman Ayub, said there will be EV cars priced from as low as RM120,000 coming to Malaysia in the second quarter of this year.“We have now encouraged the importation of more EVs particularly from China because we want to have more EVs which are affordable for the rakyat,” he said.

Hence, in terms of charging infrastructure, Norazman said the government aims to provide at least 10,000 units of public charging facilities by 2025. “We want to invite any particular investor to invest in charging stations to be part of the development of the EV ecosystem,” he added.

 

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EVs priced from RM120K coming by mid-2023PETALING JAYA: The Ministry of International Trade and Industry (Miti) is encouraging the introduction of more affordable electric vehicles (EVs) in Malaysia in order to advance the country’s EV industry. Its deputy secretary general of industry, Datuk Seri Norazman Ayub, said there will be EV cars coming to Malaysia in the second quarter of this year priced from as low as RM120,000. At present, the lowest-priced EV in Malaysia is the Ora Good Cat, which comes in two variants and is priced from RM140,500. 'We have now encouraged the importation of more EVs particularly from China because we want to have more EVs that are affordable for the ra...
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Miti wants to see more affordable electric vehicle imports | The Malaysian InsightMinistry also encouraging investors to plough money into infrastructure. I wonder how much is one affordable EV? 🤔 Rm 50k a pop? To encourage more ownership of EV cars, the car prices need to be made affordable by abolishing excise and reduced import duties. With higher demand (on affordable pricing) the demand will increase, vis-a-vis increase in importation of EV cars.
Source: msianinsight - 🏆 8. / 63 Read more »