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2022 Budget: Malaysia moves towards electrified mobility.

KUALA LUMPUR:  2022 Budget marked a welcome step towards electrified mobility, said BMW Group Malaysia managing director Hans de Visser.

“The government’s motion to further incentivise and support the development of the electric vehicle (EV) industry in Malaysia moves in the same vein as our vision for electrified mobility at the BMW Group.

“We have always believed that the future is electric, and we have been at the forefront of electrified mobility in Malaysia since 2015, when we introduced BMW i.

“It was a bold move then, and it is an even bolder move now as we continue to shape the future of mobility with our strategies for electrification that will hopefully accelerate the adoption of electric vehicles in Malaysia.”

To date, the group had delivered over 21,000 electrified BMW and MINI to Malaysians.

“On this note, we welcome the newly announced allocations in Budget 2022 that will further drive this shared vision for electrified mobility forward.

“We celebrate with Malaysia on the latest announcement of full exemptions on import duties, excise duties, and sales tax for electric vehicles – which will not only increase uptake but encourage further development of the EV infrastructure and ecosystem to drive Smarter, Low Carbon Communities and Cities in the country.”

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