Keyword: "levy on EV sales"

1 Result

An electric vehicle on display at an auto exhibition in Kuala Lumpur, Malaysia, in June 2026. (Photo: VNA)

Malaysia considers levy on EV sales to fund public charging infrastructure

Speaking during a question-and-answer session in the Senate on August 5, Minister of Investment, Trade and Industry Johari Abdul Ghani said the proposal followed the government's loss of 3.3 billion MYR (825 million USD) in tax revenue through incentives for imported EVs, while investment in public charging infrastructure had fallen short of expectations.