Does Budget 2023 Provide Enough Catalyst For Malaysia's EV Advancement?

Under the Low Carbon Mobility Blueprint, Malaysia has set a target of achieving 700,000 EVs on the road by 2030 and 10,000 charging stations by 2025. However, given that we're starting from a 2023 base of 2000 EVs and 1000 charging stations, what kind of policies are needed to achieve these goals? Mohd Junaizee Mohd Noor of ZEVA gives us his assessment of Budget 2023 incentives and further measures to grow the Malaysian EV industry.

Image credit: Friko Keiro