<ul><li>Honda Malaysia plans to sell all allocated volume of Honda e:N1 EV before import duty and excise duty exemptions for CBU EVs ends on December 31 this year.</li><li>The company intends to continue its journey into electrification beyond the tax exemptions, with plans to introduce three more EV models in the next three years.</li><li>Honda Malaysia aims to focus on CKD options for EV production in Malaysia, but calls for longer timeframe for CKD exemptions beyond 2027 to support the country's goal of having EVs account for 15% of total new car sales by 2030.</li><li>The government's decision on extending tax incentives for both CBU and CKD EVs is crucial for the future of electric vehicle adoption in Malaysia.</li></ul>

Honda e:N1 EV – CKD in Malaysia planned, but gov’t tax incentives need to be extended beyond 2027

Discover more