Скачать или смотреть Stricter EV rules in 2026 as floor price for new brands raised to RM250,000

The Investment, Trade and Industry Ministry has introduced more stringent requirements for fully imported electric vehicles, even as prices are expected to rise in 2026 following the expiry of tax exemptions.

Under updated franchise approved permit guidelines, newly approved EV brands importing fully built-up models face a minimum floor price of RM250,000 and a minimum power output of 200 kilowatts.

However, the rules apply only to new vehicle brands, while existing EV players remain under the RM100,000 floor price policy.

Despite this, industry observers expect fully imported EV prices to rise as import and excise duty exemptions ended on Dec 31.

To manage higher costs, automakers are increasingly turning to local assembly, which continues to enjoy tax incentives until the end of 2027.


Read here: https://www.nst.com.my/business/econo...

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