The new Road Tax structure is expected to be announced by next month. Anthony Loke said EV road tax will be cheaper than internal combustion engine vehicles.
. The new road tax structure is expected to be announced sometime next month which aims to address concerns about the current high cost ofThe Minister shared that the challenge faced in the process is the comparison of engine capacity of ICE and EV vehicles. He said while road tax for EVs is currently free, those who purchased one are worried that the road tax would be higher than ICE vehicles.
He said, “The commitment of the government is to reduce tax so that those who purchase EV vehicles will enjoy an appropriate road tax fee. We hope an announcement on road tax for EVs can be made before the end of April.” Under the current formula, road tax for EVs in Malaysia is calculated based on power output and this results in a higher road tax compared to ICE vehicles which are calculated based on engine capacity. This provides ICE vehicles an unfair advantage as turbocharged ICE vehicles can provide high power output from small engine displacements.for road tax under the current formula. Meanwhile, a petrol-powered Hyundai Kona 1.6 N Line with a 1.
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