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Funds 2025: No point out of EV tax break extension; Perodua engaged on sub-RM100k EV


Budget 2025: No mention of EV tax break extension; Perodua working on sub-RM100k EV

Finance minister and prime minister Datuk Seri Anwar Ibrahim has introduced in his Funds 2025 speech that Perodua is engaged on a sub-RM100k EV, with out divulging any additional particulars.

In addition to this, there isn’t any point out of any extension to the EV tax breaks, so CBU EV tax breaks will finish in 2025. Starting 2026, solely CKD EVs will likely be tax free. The free street tax for EVs also needs to be ending in 2025.

Perodua displayed the emo-1 EV idea on the Malaysia Autoshow 2024, foreshadowing its upcoming EV which is predicted to floor in the direction of the tip of subsequent 12 months.

As an alternative of deriving the know-how from companion Daihatsu, Perodua is growing its EV by itself, with the help of an as-yet-unnamed Australian companion.

Proton goes to launch the eMas 7 EV quickly, however as that will likely be CBU from China (at the very least for now), it must adhere to the RM100k flooring worth that’s been set by the federal government.

The Neta V and Dongfeng Field are among the many EVs anticipated to be domestically assembled (CKD) in 2025 – these might be priced beneath RM100k as nicely.

GALLERY: Perodua emo-1 Idea at Malaysia Autoshow 2024

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