International06 May 2026

Malaysia to tighten rules on imported EVs

Malaysia+to+tighten+rules+on+imported+EVs

Malaysia's trade ministry said on Wednesday that all ‌imports of electric vehicles assembled overseas will be subject to new regulations starting on July 1, following the expiry of a special tax exemption ⁠period.

Imports of electric vehicles fully assembled overseas will be subject to a minimum cost, insurance and freight value of 200,000 ringgit ($50,684) and the minimum motor power threshold will be cut to 180 kW from 200 kW, the ministry said in ‌a ⁠statement.

The government had previously granted a full import and excise duty exemption from January 2022 to December 2025 in an effort ⁠to encourage the adoption of electric vehicles.

The ministry said there will be a grace period ⁠so that companies could sell their remaining stock, including those at ports ⁠or in transit, under the previous terms.

-Reuters

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