The Government is Expected to Continue Incentives for Electric Cars Under the 2023 Budget

 


The 2023 Budget will be presented on 24 February 2023, where a number of incentives and initiatives will be announced. Touching on it, now it is also shared that the government will continue a number of incentives related to electric cars under the 2023 Budget.


The government is expected to announce a number of new incentives related to electric cars - while further encouraging the transition to the use of electric cars that are said to be more environmentally friendly than the existing ones.



The government also aims to install around 10,000 electric car charging stations by 2025. Today, more than 900 public charging stations for electric cars are available.


Apart from charging centers, the government is also seen to continue to play a role in infrastructure management, legislation and standards for electric vehicles in Malaysia.

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