Government targets 1.5 million EVs on Malaysia roads by 2040

The Malaysian government has set a target for electric vehicle (EV) ownership here on our shores – 1.5 million EVs on our Malaysia roads by 2040.

This was announced by Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad, adding that the new target is an increase compared to the target set by the Planning and Implementation Committee for Electric Supply and Tariff (JPPPET) previously, which was 90,000 EVs by 2040.

“As we foresee that there will be pressure from developed countries to ‘migrate’ to electric vehicles, we need to be more prepared,” said the minister in the Dewan Rakyat today.

“On that basis, this will be depicted in targets in relation to [the construction of] charging stations, built by for example, Gentari Sdn. Bhd. (Gentari), Tenaga Nasional, and also private companies nationwide, in an effort to help towards electrification,” he added.

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Nik Nazmi was responding to asupplmentary question from Datuk Seri Hasni Mohammad on the government’s plans on ensuring the effectiveness of the Long Term Low Emissions Development Low Emissions Development Strategies (LT-LEDS), during the question and answer session today.

As set under the the 12th Malaysia Plan, the country aims to become a completely carbon-neutral nation by 2050. The LT-LEDS, alongside the Nationally Determined Contributions (NDC) Roadmap and Action Plan, are part of the government’s strategy to achieve that goal.

“Once the LT-LEDS is completed, this will also help the government in enacting the Climate Change Act which we hope will be able to help the country achieve net-zero [carbon emissions] as early as 2050,” Nik Nazmi added said.

According to the minister, the NDC Roadmap and Action Plan, alongside the LT-LEDS, are both expected to be finalised in the fourth quarter of 2023.

[Source: Bernama]



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