EV ambitions just got more complicated


AS the government phases out import and excise tax exemptions for fully built-up (CBU) electric vehicles (EVs) and electricity tariffs increase under the latest regulatory cycle, the financial appeal of owning an EV is diminishing – just as petrol becomes even more affordable under the Budi95 subsidy scheme.

Under Regulatory Period 3 (RP3) from 2022 to 2024, the base electricity tariff stood at 39.95 sen/kWh.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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