Govt mulls levy on EV sales to fund public charging network
The Malaysian government is considering a new levy on electric vehicle sales to fund the expansion of public charging infrastructure. This proposal follows concerns that private industry investment in charging stations has not met expectations despite previous tax incentives.
Why it matters
It highlights the challenges governments face in balancing EV adoption incentives with the need for sustainable public infrastructure development.
BURSA SGX Home Parliament Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (Aug 4): The government is considering imposing a levy on every electric vehicle (EV) sold to establish a fund for expanding Malaysia's public EV charging network, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
Speaking during question time in the Dewan Negara on Tuesday, Johari said the proposal was being studied as the government faced constraints in financing a nationwide public charging infrastructure on the scale seen in China.
He was responding to a supplementary question from Senator Datuk Leong Ngah Ngah on the government's preparedness for the growing adoption of EVs.
"We may impose a levy on every EV sold and channel the proceeds into a dedicated fund to build public charging stations because we cannot rely solely on vehicle manufacturers or distributors to undertake such investments," he said.
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