BMW Group Malaysia Comments on Budget 2023

The announcements from Budget 2023 tabled today signal a brand-new era for Electrified and Sustainable Mobility in Malaysia, where the future for Electric Vehicles (EVs) is bright.

The introduction of the all-electric BMW I fleet, which includes the BMW iX, BMW iX3, BMW i4, and soon, the BMW i7, demonstrates the automaker’s commitment and belief that Malaysia's Future is Electrifying.

BMW continues to expand their BMW I Charging network, which now includes over 400 charging stations across Peninsular Malaysia, Sabah, and Sarawak, with premium partners Tenaga Nasional Berhad, EV Connection (JomCharge), and Siemens, in order to foster a viable ecosystem with long-term partners.

More than that, the automaker also believes in developing local talents capable of bringing the technology further in Malaysia.

With BMW High Voltage Expert certification, the automaker wishes to create a world-class EV-ready workforce within the country and to develop more local talents which could enhance the technology further in Malaysia.

Managing Director, BMW Group Malaysia Hans de Visser also applauded the newly announced allocations in Budget 2023, which demonstrate the government's commitment to their shared vision of electrification and sustainability.

The extension of the import and excise duty exemption for fully-imported (CBU) EVs, as well as incentives for EV charging equipment manufacturers indicates both positive initiatives which will accelerate the country's adoption of Electrified Mobility.

As BMW Group Malaysia continues to pursue electrification strategies, the automaker looks forward to collaborating with the government and other key stakeholders in hopes for a brighter and greener future for all Malaysians.