EVs to power on in challenging auto market


BIMB Research noted that EVs now comprise 4.7% of the market.

PETALING JAYA: The automotive market continues to be transformed, spurred by the introduction of Chinese electric vehicle (EV) marques as well as the launch of EVs from domestic carmakers.

Total industry volume for November released last Friday showed demand for imported EVs rose as consumers raced to purchase cars ahead of the expiry of a tax exemption for fully imported EVs at the end of the year.

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