KUALA LUMPUR: The Ministry of Transport (MOT) is currently in the final stage of reviewing the road tax rate structure for electric vehicles (EVs) and...
: The Ministry of Transport is currently in the final stage of reviewing the road tax rate structure for electric vehicles and an announcement is expected next month said its Minister Anthony Loke Siew Fook.
“The challenge faced in the process is the comparison of engine capacity of ICE and EV vehicles. Currently road tax for EV is free but those who purchase EV vehicles are worried that the road tax would be higher than ICE vehicles. 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.
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