The Malaysian Automotive Association is proposing that new electrification incentives given under Budget 2024, which is set to be tabled in parliament on October 13, should be for all types of electrified vehicles rather than just for battery EVs in order to ramp up electro-mobility efforts in the country., said xEVs, which cover hybrid electric vehicles , plug-in hybrids and fuel-cell electric vehicles in addition to BEVs, would provide more traction for the segment.
A long-term policy would also help to build greater confidence among foreign investors, he said. “Short-term and/or ad hoc policies make it difficult for companies to draw up plans to evaluate business feasibility, especially in introducing newer technologies and more high-tech vehicle models into the local market,” he stated.Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap.
If one indeed needs to travel up and down interstate on a frequency more than once a month, then okay, EVs are definitely not for them. For the rest of us, if you can afford it, I don’t see why you shouldn’t.Happens to love EVs by the way for their in town driving , the pick up etc. Only trying to point out that the policy makers should not push everyone into EVs by giving incentives to EV ownership and at the same time punish ICE owners.
The entire petroleum distribution system had been around for more than 80 years and it still failed to account for this. / electric bikes. reduce dependency on fossil fuel & govt can reduce further the total expenditures on fuel subsidy. reduce fuel usage=reduce subsidy expenditure and govt can focus more on hospitals & schoolsthey need to gradually move to hybrids first to get used to the idea of battery powering with engine then slowly move to ev as the end. bridging technology.Ten-year head start with a bunch of incentives back then but failed to gain traction. Ignorance and fear killed the program.