In Budget 2024, the Malaysian government has announced the CKD Motorcycle Use Promotion Scheme (locally developed) with a subsidy of RM2400 to enable the public to buy electric motorcycles at a more affordable price.
At this year's Budget presentation, Dato' Seri Anwar Ibrahim has announced that the scheme will continue with an allocation of another RM10 million to increase the number of electric motorbikes in the country.
This follows the announcement that Perodua is currently developing an electric car that will come with a price tag below RM100 thousand, something that many Malaysians are waiting for, especially when all the electric cars sold now come with a price tag higher than that value.
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