Malaysia’s Minister of Transport, Anthony Loke, described the country’s transport operators’ reluctance to adopt electric vehicles (EV) as a “chicken and egg” issue, citing costs and infrastructure as two key barriers.
Malaysia Plans New Tax Exemptions and Incentives for EV Truck Adoption
The price of an electric commercial vehicle in Malaysia is still beyond the capability of most industry players, with an electric truck can cost thrice a conventional diesel truck. To address this issue, Loke said the government is already mulling over an incentive scheme.
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Malaysia Plans New Tax Exemptions and Incentives for EV Truck Adoption
The price of an electric commercial vehicle in Malaysia is still beyond the capability of most industry players, with an electric truck can cost thrice a conventional diesel truck. To address this issue, Loke said the government is already mulling over an incentive scheme.
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