Demand for electric vehicles (EVs) in Malaysia will grow significantly in 2023, driven by current incentives provided by the government as well as upcoming launches of more affordably priced EVs, according to Malaysian Automotive Association (MAA) President Aishah Ahmad.
Kuala Lumpur (VNA) - Demand for electric vehicles (EVs) in Malaysia will grow significantly in 2023,driven by current incentives provided by the government as well as upcominglaunches of more affordably priced EVs, according to Malaysian AutomotiveAssociation (MAA) President Aishah Ahmad.
Ahmad stressedthat as of October, a total of 2,093 EVs had been registered, with FitchSolutions projecting the figure to hit 4,449 units next year.
MAAbelieved that the forecast sales for 2023 can be reached, with the current taxincentives on completely knocked-down (CKD) and completely built-up (CBU)vehicles, she said.
Currently,CKD EVs are exempted from excise duties as well as sales tax, while componentsfor local assembly of EVs are exempted from import duty until December 31,2025. Meanwhile, CBU EVs are exempted from import and excise duties untilDecember 31, 2024, as per what was announced in Budget 2023./.
With the Government of Thailand having launched electric vehicle (EV) incentive packages benefiting both manufacturers and buyers early this year, several major corporations are pushing for production of EVs and batteries and building of charging facilities.
Vietnamese automaker VinFast has announced that it will participated in Los Angeles Auto Show 2022 (LAAS 2022) scheduled to take place from November 17 – 28.
Vietnamese automaker VinFast, a member of private conglomerate Vingroup, on December 5 officially opened its first two stores in Cologne of Germany, and Paris of France.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.