Association urges govt to provide EV charging infrastructure incentives in Budget 2023

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Association urges govt to provide EV charging infrastructure incentives in Budget 2023
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“This small incentive will be useful to inspire some, if not all, of the high-end new vehicle buyers annually,” it added. theSun thesundaily electricvehicles ZEVA cityinfrastructure

: The Zero Emission Vehicle Association has urged the government to provide incentives focusing on electric vehicles charging infrastructure in the revised Budget 2023 to spur its growth from the current number of around 2,000 to 700,000 EVs on the road by 2030.

For city infrastructure, the association said that “starting up cost for any interested local and city councils to set up public charging in any particular city” should be offered, while “funding allocation of RM500,000 for each rest area catering for six DC chargers per rest area” for highway charging areas should be provided.

Nonetheless, ZEVA said the incentives above should not cover 100 per cent of the charger’s cost but rather cater for the associated cost of setting up charging facilities. “ZEVA believes that the subsequent companies that intend to deploy their chargers nearby will be able to leverage these existing facilities easily, thus encouraging more to invest,” it said.

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