KUALA LUMPUR, May 6 — Starting July 1, imported electric vehicles (EVs) in Malaysia will face a mandatory RM200,000 minimum value and 180kW power floor as the government...
Subang Jaya USJ11’s Restoran Yum Cha is the place for ‘tom yum’ fish head noodles and Thai style braised pork leg with noodlesBYD ATTO 3 EVs on display during a media test‑drive event in Hamburg, Germany, March 19, 2026.
— Reuters pic! Plus, enjoy an additional FREE RM10 when you sign up using code VERSAMM10 with a min. cash-in of RM100 today. T&Cs apply. KUALA LUMPUR, May 6 — Starting July 1, imported electric vehicles in Malaysia will face a mandatory RM200,000 minimum value and 180kW power floor as the government officially ends tax exemptions for entry-level models.
This new directive from the Ministry of Investment, Trade and Industry signals a shift toward premium CBU imports, effectively closing the door on “budget” overseas-assembled EVs. The announcement today follows the conclusion of a four-year special exemption period for completely built-up EVs under the franchise AP system, which expired on December 31, 2025.
While the exemption has ended, Miti has clarified that existing inventory — including vehicles currently held in showrooms, at ports, or in transit — may still be sold under the previous tax-free stipulations until the stock is fully depleted. Once the new regulations take effect in July, however, all fully assembled overseas imports must meet a minimum Cost, Insurance, and Freight value of RM200,000.
Additionally, the minimum motor power requirement has been adjusted to 180kW and above, a slight reduction from the previous 200kW threshold. These changes were formally communicated to franchise AP holders during an engagement session held on April 30. Without the special exemptions, CBU EVs will now be subject to a sequential tax structure comprising a 30 per cent import duty, a 10 per cent excise duty, and a 10 per cent Sales and Service Tax .
These taxes are applied cumulatively to the vehicle’s CIF value, drastically altering the final retail price. Industry projections suggest that a hypothetical EV with a minimum CIF value of RM200,000 will see its cost rise to approximately RM286,000 after taxes, even before accounting for distributor margins and logistics. For vehicles imported from non-Free Trade Agreement countries, retail prices are expected to start between RM300,000 and RM350,000.
Even for models originating from FTA partners like China, which benefit from a lower 5 per cent import duty, the mandatory RM200,000 floor means showroom prices are unlikely to fall below the RM250,000 mark. Miti maintains that these measures are necessary to ensure a transparent and balanced policy environment that supports the long-term development of the local automotive industry.
By setting these high entry barriers for imports, the government aims to protect national economic interests and encourage manufacturers to invest in local assembly operations for more affordable EV models.
Minister Of Investment Trade And Industry Electric Vehicles Malaysia Franchise AP System Completely Built-Up Imports RM200 000 Minimum Value
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rain Rave Festival Generates RM200 Million In Tourism Revenue, Says Industry GroupRestaurants, cafés, and retail outlets were among the biggest beneficiaries.
Read more »
Rain Rave Festival Generates RM200 Million in Tourism Revenue, Sparks Political DebateThe Rain Rave Water Festival 2026 attracted 180,000 visitors and generated RM200 million in tourism revenue, prompting criticism of opposition parties who initially opposed the event. Lim Guan Eng highlighted the economic benefits and the success of tourism initiatives under Visit Malaysia Year 2026. The news also briefly mentions the legal status of the Negeri Sembilan ruler.
Read more »
Rain Rave Festival Draws 80,000 Over Three Days, Generating An Estimated RM200 MillionTop Leader, a Chinese-language media platform that provided the figures, has since described it as estimates that do not represent official data.
Read more »
Pendahuluan RM200 insentif bajak kepada 240,000 pesawahMesyuarat Majlis Tindakan Ekonomi Negara (MTEN) bersetuju untuk membayar RM200 kepada 240,000 pesawah berdaftar sebagai wang pendahuluan Bantuan Khas Insentif Pembajakan bagi membolehkan penanaman padi musim ini terus beroperasi.
Read more »
Rain Rave Water Music Festival 2026 Jana RM200 Juta Dengan Kehadiran Lebih 180,000 PengunjungRestoran, kafe, dan kedai retail antara yang paling banyak untung.
Read more »
Rain Rave Water Music Festival 2026 Jana RM200 Juta Dengan Kehadiran Lebih 180,000 PengunjungRestoran, kafe, dan kedai retail antara yang paling banyak untung.
Read more »