PUTRAJAYA (Bernama): The incentives for electric vehicle (EV) ownership announced in Budget 2022 will support the development of an EV vehicle ecosystem and open up more new green investment opportunities, says Environment and Water Minister Datuk Seri Tuan Ibrahim Tuan Man.
PUTRAJAYA : The incentives for electric vehicle ownership announced in Budget 2022 will support the development of an EV vehicle ecosystem and open up more new green investment opportunities, says Environment and Water Minister Datuk Seri Tuan Ibrahim Tuan Man .
"EV incentives are seen to be able to support the implementation of the Low Carbon Mobility Blueprint, as well as help improve the country's air quality index," he said in a statement on Budget 2022 on Saturday . Tengku Zafrul said road tax exemption of up to 100% was also provided for EV vehicles, in addition to individual income tax relief of up to RM2,500 on the cost of purchase, installation, rent, hire purchase as well as subscription fees for EV charging facilities.
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