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LOKE : New EV Road Tax Structure Will Be Announced In December 2023

Kumeran Sagathevan

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Loke-Ev-Road-Tax-(1).jfif

In order to encourage the use of electric vehicles (EVs), the government will introduce a more attractive road tax structure known as the Vehicle Licence (LKM) next month (December 2023) according to Transport Minister Anthony Loke Siew Fook.

According to Loke, the existing road tax exemption period for electric vehicles (EVs) will end in 2025, at which point the new road tax system will take effect. He further acknowledged that when the exemption period expires, EV owners fear they may have to pay greater road taxes.

Loke-Ev-Road-Tax-(3).jpg

He also added that the EV Special Task Force has been presented with a more competitive road tax structure by his ministry.

According to Loke, "The public's acceptance of EV use depends on this encouragement, and the development and implementation of the full ecosystem, including the infrastructure for charging EVs. This is a component of the all-encompassing strategy the government is working on."

Loke-Ev-Road-Tax-(5).jpg

The Road Transport Department (JPJ) had announced on February 15, 2022, that EVs will be completely exempt from road tax starting 1st January 2022 till 31st December 2025. However, this exemption does not apply to hybrid vehicles.

The EV communities are closely monitoring this newly reevaluated road tax structure; in fact, many are waiting for its announcement before jumping on the continually expanding EV bandwagon.

image-(20).jpg

To put things in perspective, based on the image above BYD Atto 3 SUV which is one of the best selling EV in Malaysia which packs a 150kW motor would be charged a road tax fee of RM903 based on the current calculation. On the flipside, road tax for any ICE SUV with a 2-litre engine that produces 150kW (201HP) would only be RM440, while a modern more efficient 1.6-liter turbocharged SUV of equivalent output would only be subject to a road tax fee of RM120.


Source: BERNAMA

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JPJ Running Numbers

KUALA LUMPUR

VRY4512

SELANGOR

BSV1172

JOHOR

JH4075J

PULAU PINANG

PSH4012

PERAK

APM9475

PAHANG

CFJ4082

KEDAH

KGJ8110

NEGERI SEMBILAN

NEM5843

KOTA KINABALU

SJV1820

KUCHING

QAB198Q

Last updated 14 Nov, 2026

Fuel Price

Petrol

RON 95

RM 3.97

+1.38

RON 97

RM 4.90

+1.75

RON 100

RM 7.20

+2.20

VPR

RM 8.23

+2.00

Diesel

EURO 5 B10

RM 5.12

+2.08

EURO 5 B7

RM 5.32

+2.08

Last updated 30 Apr, 2026

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