Electric vehicle (EV) owners will enjoy a reduction of up to 85% in road tax fees once the tax holiday ends on Dec 31 next year, says Anthony Loke.
The Transport Minister said the new road tax structure will cover both pure battery electric vehicles (PBEV) and fuel cell electric vehicles (FCEV) and come into effect on Jan 1, 2026.
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The Transport Minister said the new road tax structure will cover both pure battery electric vehicles (PBEV) and fuel cell electric vehicles (FCEV) and come into effect on Jan 1, 2026.
Read more at https://tinyurl.com/mvncbjma
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
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00:05 [NON-ENGLISH SPEECH] ZEV.
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04:26 base, because the government is fully committed to encourage the adoption of EVs and we are
04:33 doing all we can to support the growth of EV. And this is one good example where the
04:40 government has decreased the road tax for EVs. And this is one key factor why a lot
04:49 of buyers are reluctant to purchase an EV, because they are afraid that after the tax
04:54 holidays ended in 2026, then they have to pay a much higher road tax for EVs. But with
05:02 this announcement, they are given a guarantee that the road tax will be very, very affordable.
05:09 And this is a way for us to encourage the adoption of EVs by Malaysians.
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