Malaysia Budget 2024 Ev. The budget 2024 announcements related to the local electric vehicle (ev) industry paint a promising future for electrified and sustainable mobility in the country, says bmw group. For instance, the government welcomed investments of more than rm170 million by companies such as tenaga nasional bhd, gentari sdn.

Overall more needs to be done to hit the serious numbers. To encourage the growth of the ev charging network in malaysia, the government is offering individuals rm2,500 in yearly income tax relief through to 2027 for the installation,.