General

The Malaysian government plans to completely exempt the import tax, consumption tax and sales tax of electric vehicles in order to support the development of the local electric vehicle industry.

The Minister of Finance of Malaysia Tengku Datuk Seri Zafrul Tengku Abdul Aziz stated that in addition to personal tax relief of up to RM2,500 for the purchase and installation of electric vehicles, electric vehicles will also receive up to 100% road tax exemption, as well as the rental and subscription of electric vehicle charging facilities. Fee reduction. He said, "The government believes that electric vehicles have the potential of energy-saving vehicles and can reduce vehicle exhaust pollution."

u3000u3000These measures are included in the 2022 budget’s agenda for strengthening the country’s sustainability. This year’s budget is also aligned with the "green budget" and the implementation of environmentally friendly development projects and plans.