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Research firm forecasts quadruple EV sales in Malaysia in 2023, encouraged by govt.’s support measures

Reported on August 25, 2023, the Malaysian government’s announced extension of import duty exemption until 2027 for components used in locally-assembled EVs, along with the full excise tax and sales tax exemptions for completely-knocked down (CKD) EVs as well as the extended duty exemptions for completely built-up (C....

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