Budget 2025: Electric Bike Subsidy To Continue; No Mention For EV Tax Break

Quick Summary:

As part of the Budget 2025 tabling, prime minister Anwar Ibrahim, who is also finance minister, announced that the RM2,400 subsidy for electric bikes will continue.

RM10 million has been allocated for this to encourage e-bike ownership.

This was first introduced in last year’s budget tabling, intended to assist those earning RM120,000 or less annually.[…]

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Article Details

Author / Journalist: Ian Chee

Category: Technology

Markets: Malaysia

Topics: Budget 2025 Automotive Electric Vehicles E-bike Number plate

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 11:17:32 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: lowyat.net

Language: English

Article Length: 244 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Lowyat.net

News ID: 23118496

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Main Topics: Technology

Official Website: lowyat.net

Update Frequency: 15 posts per day

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News Last Updated: 10 hours ago

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Publisher ID: #46

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