More electric vehicle related incentives soon

Tengku Zafrul said Miti is looking into policies to ensure the country’s EV ecosystem is fully supported. — Bernama

KUALA LUMPUR: More electric vehicle (EV)-related incentives are expected to be in the revised Budget 2023, which will be tabled on Feb 24, according to International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

“Also, opportunities abound in the areas of renewable energy, energy efficiency, energy storage systems and support services for EVs such as EV charging stations, operations and maintenance,” said Tengku Zafrul in his speech at the EV Conference 2023 held at the Malaysian Investment Development Authority (Mida) headquarters yesterday.