EVs in Malaysia to get cheaper street tax than petrol, diesel vehicles after 2025; particular EV1-9999 quantity plate

Throughout his welcoming speech on the launch of the brand new GWM Seremban 4S centre, transport minister Anthony Loke revealed some developments his ministry is engaged on in relation to the electrical car (EV) trade in Malaysia.

First up, street tax. At current, street tax for EVs in Malaysia is free from January 1, 2022 till the tip of 2025, however ranging from 2026, house owners and potential patrons might want to pay following a kilowatt-based system.

The ultimate street tax quantity for an EV is calculated primarily based on the whole energy ranking of the electrical motor(s), with totally different energy brackets figuring out the bottom charge and accompanying progressive charge (if relevant). To simplify, the extra energy from the electrical motor(s), the extra you’ll be paying – you may see just a few examples right here.

In his speech, Loke mentioned his ministry is conscious that the present calculation methodology can discourage potential EV patrons due to the excessive street tax value that may outcome. As such, he has instructed the transport ministry to overview the street tax construction for EVs so individuals could be extra inclined to buy EVs, even after the tip of the street tax vacation.

No specifics got, however Loke mentioned it will likely be “very reasonably priced and even cheaper than inner combustion engine vehicles.” For some context, a BYD Atto 3, which retails from RM149,800, may have a street tax of RM903 after 2025. In the meantime, a similarly-sized HR-V in e:HEV RS guise with a 1.5 litre naturally-aspirated engine is priced at RM140,800, however the relevant street tax is 10 instances much less at simply RM90.

Along with the matter of street tax, Loke additionally mentioned a brand new ‘EV’ quantity plate collection will probably be issued within the coming months for EVs. This will probably be much like quantity plate collection issued in several states, whereby after the beginning collection of ‘EV1’ to ‘EV9999’ is accomplished, we are going to get ‘EVA’, ‘EVB’, ‘EVC’ and so forth.

In line with the transport minister, these plates will probably be “RFID-linked” and serve a security function too, as within the occasion of an accident, emergency responders will know by recognizing an ‘EV’ plate that they’re coping with a car that has a high-voltage powertrain that requires particular protocols to cope with safely.