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Xpeng to CKD cars in Malaysia by second half of 2026 - CBU EV prices to go up 30% when tax holiday ends
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Xpeng to CKD cars in Malaysia by second half of 2026 - CBU EV prices to go up 30% when tax holiday ends
At today’s launch of the Xpeng G6 facelift, the question of local assembly (CKD) was brought up again in light of incentives for fully-imported (CBU) electric vehicles (EVs) set to come to an end this year. Answering the question, Bermaz Auto group CEO Datuk Francis Lee Kok Chuan said that based on what the company is aware of at the moment, the government has no plans to extend the incentives for CBU EVs moving forward. Currently, CBU EVs are e…
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