QUOTE(Ivan113 @ Apr 1 2024, 03:12 PM)
Groups that complain:
1) Poor and won't buy EV
2) Poor but want buy EV
Groups that doesn't complain:
1) Rich but won't buy EV
2) Rich and want buy EV
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No ler.
The poor groups in Malaysia that complain is mainly because if the poor are forced by EV mandates (implemented by CCP China, liberal US states, the EU, etc, eg will be in force from 2035) to buy budget EV cars, they will be forced to pay much higher prices, eg the budget Wuling Hongguang Mini EV at about RM30k (= tax-exempt price) when they could have bought the budget Perodua Axia 1.0 ICE-V car for only RM24k (= with tax) which is twice the horsepower, topspeed, range and one-third larger in size; ...
.... and the mid-budget BYD Seagull EV at about RM80k (= tax-exempt price) when they could have bought the mid-budget Perodua Myvi 1.3 ICE-V car for only RM46k (= with tax).
The tax-exempted BYD Seagull EV car costs more in Malaysia than in China because of shipping/logistic costs, costs of converting from LHD to RHD, etc.
If the EV tax exemption is discontinued on 1 Jan 2026, those budget EV cars will cost the poor Malaysians even more.
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It's also stupid of the richer Malaysians to pay much more buying EV cars instead of ICE-V cars, eg the tax-exempted BYD Dolphin EV = RM101k vs RM86k for the taxed Proton X50 ICE-V.
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This post has been edited by lurkingaround: Apr 7 2024, 12:35 AM