The Malaysian Automotive Association (MAA) has expressed its views on the absence of an extension for CBU fully-imported electric vehicle tax exemptions in Budget 2026.
According to the MAA, while the government's intention to prioritize CKD local assembly activities and investment is recognized, it is urged that support be given to both CBU and CKD EVs, particularly during the early stages of Malaysia's transition towards electrified mobility.
The organisation remains confident in Malaysia's "long-term view in shaping…EV policy,"
Author's summary: MAA urges tax-free CBU EVs to increase consumer awareness.