KUALA LUMPUR, July 9 (Xinhua) -- The Malaysian government is refining its incentive framework to accelerate the growth of Malaysia's electric vehicle (EV) ecosystem, including new measures to encourage the rollout of charging infrastructure and support wider EV adoption.
Deputy Investment, Trade and Industry Minister Sim Tze Tzin told parliament on Wednesday that Malaysia aims to install 30,000 EV charging stations nationwide by 2030, acknowledging that existing charging facilities remain insufficient to meet growing demand.
He said the government is working with the national utility company, Tenaga Nasional Bhd, to build more power substations to support direct-current fast chargers, while also formulating targeted incentives for charging-point operators to spur private-sector investment.
"EVs are still a new technology and product segment. Therefore, the government is continuously adjusting its policies and incentives while expanding charging infrastructure," Sim said.
He also said Malaysia's EV policies differ from those governing internal combustion engine vehicles as the government seeks to balance rapid EV adoption with the development of local assembly, supply chains and the broader EV ecosystem. ■
