BANGI: The government will look into ways to bring affordable electric vehicles (EVs) priced less than RM100,000 into the local market to benefit the people, says Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad.
He said the prices of most EVs that are currently sold in the local market are beyond the means of the vast majority of Malaysians.
"...Proton will bring in Geely vehicles in the near future...(but) if we can install the vehicles in Malaysia, maybe it will help us to offer EVs (at a) lower cost," he said at a press conference after officiating at the Bangi Golf Resort EV Charging Station launching ceremony and the handing over of the EV charging system public distribution licence by the Energy Commission here today.
On the licence, Nik Nazmi said it was to ensure that the installation of EV charging stations is safe and regulated.
"(It is) because this industry is a growing industry. So, we want to make sure there are regulations and standards that should be fulfilled by companies that provide charging facilities. We know that if we do not scale up these charging stations, it will not support the expansion of electric vehicles," he said, adding that the ministry hoped that these stipulated standards would convince the public to buy EVs.
He said the expansion of the EV industry in the country was also part of the government's efforts to achieve a low-carbon future.
When asked about incentives for Malaysians to own EVs, Nik Nazmi said the ministry would look into ways to improve Budget 2023 or Budget 2024 to include the incentives, in addition to establishing cooperation with automotive companies to bring more EVs that are affordable into the local market.
Meanwhile, when asked about the details of the electricity tariff announced by Prime Minister Datuk Seri Anwar Ibrahim after today's Cabinet meeting, he said the matter will be announced soon.
-- BERNAMA
Bernama
Wed Dec 14 2022
The government will look into ways to bring affordable EVs priced less than RM100,000 into the local market to benefit the people, says Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad. - Astro AWANI/Filepic
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.