The #1 will arrive as a CBU model and given its planned arrival in early Q4 2023, it will only benefit from EV incentives for a limited amount of time. As such, Proton chairman Datuk Seri Syed Faisal Albar said in his opening speech that he hopes the government will extend the incentive period for CBU EVs beyond the original end date.
“In place now is the policy of 100% duty exemption for CBU electric cars up to December 31, 2023, and until the end of 2025 for CKD electric cars. It is an excellent way to spur investment in the sector, and we thank the government for their generosity. However, for the benefit of building a robust EV industry, we humbly request that these exemptions be extended.
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