Kuala lumpur: The Malaysian Automotive Association (MAA) has urged the government to consider maintaining a balanced policy framework that continues to support both completely built up (CBU) and completely knocked down (CKD) electric vehicle (EVs) segments. It said this in view of the expiry of CBU EV incentives.

According to BERNAMA News Agency, MAA emphasized the importance of continued incentives for CBU models, especially during the early stages of Malaysia’s transition towards electrified mobility. The association stated that these incentives are vital for creating consumer awareness, market confidence, and demand readiness, which are essential for the success of local EV assembly programs.

The MAA further highlighted the necessity for the government to evolve its policies in alignment with rapid technological advancements and global industry developments. The association expressed confidence that the government would continue to adopt a long-term perspective in shaping the EV policy landscape. The dynamic nature of the automotive industry may necessitate progressive and adaptive policy frameworks to support industrial growth and the adoption of advanced technology.

Moreover, MAA acknowledged the introduction of a RM4,000 matching grant aimed at encouraging owners to dispose of vehicles over 20 years old. This initiative is seen as a step toward enhancing safety, promoting environmental sustainability, and supporting Malaysia’s national car brands. The association suggested extending eligibility for this grant to include locally assembled CKD models of other automotive brands to amplify the impact of these initiatives.