. Under its environmental pillar, one of the promises is to make affordable electric vehicles more accessible to Malaysians by abolishing import permits or AP .
The abolishment of APs, if delivered as promised, can potentially open the floodgates of more affordable EVs into the Malaysian market, especially from China. An AP is essentiallyfrom the Ministry of International Trade and Industry which is required to import selected products which also include iron and steel, heavy machinery, CWC chemicals and motor vehicles. However, there’s no mention of any deadline to abolish the AP for EVs.
With the current EV incentives, the cheapest EV models in Malaysia cost around RM150,000. This includes the
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: