Next-gen vehicles drive MCE

THE government’s decision to end excise-duty exemptions on completely built-up (CBU) electric vehicles (EVs) and the RM4,000 trade-in incentive for old cars under Budget 2026 is expected to stimulate new-car sales, particularly for national marques like Proton and Perodua.

Demand is also expected to pick up as major manufacturers, including Proton and Perodua, roll out new models, driving higher production volumes across the supply chain.