KUALA LUMPUR, March 30 — The Ministry of Transport (MOT) is currently in the final stage of reviewing the road tax rate structure for electric vehicles (EVs) and an announcement...
Beyond the repository for historical artefacts and documents, a glimpse into custodians of Bank Negara’s Museum and Art Gallery
He said the decision to review the structure is aimed at making the road tax for EVs cheaper compared with Internal Combustion Engine vehicles, besides encouraging more people to use EVs. “The commitment of the government is to reduce tax so that those who purchase EV vehicles will enjoy an appropriate road tax fee. We hope an announcement on road tax for EV can be made before the end of April,” he said.Loke was speaking to reporters after witnessing the signing of a Memorandum of Understanding between Warisan Tan Chong Automotif Sdn Bhd and Guangzhou Automotive Group Motor International Co. Ltd. , here today.
WTCA was represented by its parent company, WTC Holdings Bhd’s chief executive officer Tan Keng Meng, while GAC Motor International by its president Feng Xingya.In his preceding speech, Loke said the sharing of technology and knowledge between China and Malaysia in this collaboration will be instrumental in driving advancements and fostering innovation in the automotive industry, enhancing the country as an attractive destination for investment by high quality global investors.
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