Malaysia’s Budget 2026 omits extension for imported EV tax cut; MAA urges continued support

Reported on October 13, 2025, the Malaysian Automotive Association (MAA) highlighted the absence of an extension for import and excise duty exemptions on fully imported (CBU) electric vehicles (EVs) in Budget 2026. While supporting the government’s focus on locally assembled (CKD) EVs, MAA urged continued incentives ....

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