Prime Minister Datuk Seri Anwar Ibrahim during his tabling of Budget 2024 in Parliament today announced that the government will be introducing several
The most noteworthy of which is to provide up to RM2,400 rebates to Malaysians earning under RM120,000 annually who purchase e-motorcycles.Besides that, the government has also agreed to purchase 150 electric buses and build 3 bus depots at the cost of RM600 million.
Besides that, the government will also continue the tax exemption of up to RM2,500 to individuals for expenses on EV charging for 4 years and tax cuts for EV rentals for another 2 years.Also read: Budget 2024: Targeted Electric Subsidies to Continue, RM40/month Bill Rebate for Over 142k Poor Households
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