This collaboration aligns with Perodua’s commitment to lead the production of affordable EVs in Malaysia, in line with the goals outlined in the New Industrial Master Plan 2030.
Although Tengku Zafrul did not reveal the identity of the international partner, he expressed gratitude to Perodua for contributing to Malaysia’s technological progress in the EV sector.
“Perodua’s large-scale production (of affordable EVs) is scheduled for the end of 2025. Thank you, Perodua, for assisting Malaysia in advancing EV technology and boosting sustainable mobility in the country,” he penned in a Facebook post.
The minister disclosed that Perodua aims to commence large-scale production of these affordable EVs by the end of 2025.
Last November, Perodua president and CEO Datuk Zainal Abidin Ahmad highlighted the company’s target for EVs and hybrid vehicles to constitute up to 20% of its total car sales by 2030.
Moreover, the government has ambitious plans for the EV industry, seeking to have 1.5 million EVs on the nation’s roads by 2040, a significant increase from the initial target of 90,000 units.
To encourage the adoption of EVs, the government has implemented an excise duty and sales tax exemption for locally assembled EVs until Dec 31, 2027. Furthermore, the import and excise duty exemption for imported EVs has been extended to Dec 31, 2025.
As part of the supportive measures, EVs in Malaysia will also remain exempt from road tax until the end of 2025. – Jan 17, 2023
Main photo credit: Paultan.org
