Miti: EV import policy revised after tax incentives end, RM200,000 CIF threshold set
The Malaysian government has revised its electric vehicle import policy, setting a minimum CIF value of RM200,000 and motor power requirements. This shift aims to transition from early adoption incentives to fostering local industrial assembly capabilities.
Why it matters
This policy change reflects a strategic move by Malaysia to move beyond being a consumer market and build a domestic automotive manufacturing ecosystem.
KUALA LUMPUR, July 8 — The government has revised its electric vehicle (EV) import policy following the expiry of tax incentives for imported Completely Built-Up (CBU) EVs, which were introduced from 2022 until Dec 31, 2025 to encourage early adoption and support the long-term development of Malaysia’s automotive ecosystem.
The article reports on government policy and ministerial statements without taking a political stance.
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