US EditionAnalyst foresees EV price competition in Malaysia amid policy changes
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Analyst foresees EV price competition in Malaysia amid policy changes
Malaysia’s electric vehicle (EV) market is approaching a key policy turning point, with the government expected to end completely built-up (CBU) import tax exemptions and the approved permit (AP) regime by year-end, an analyst said in its recent report. According to BIMB Securities Research, this decision will likely shape the direction of the market — either accelerating liberalization and inviting more aggressive price competition or maintaini…
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