Budget 2023: New incentives for electric vehicles needed, says Proton Holdings deputy CEO

KUCHING: Budget 2023 should include new incentives to promote the growth of Malaysia's electric vehicle (EV) industry.

Proton Holdings Bhd deputy chief executive officer Roslan Abdullah said the incentives should be aimed at attracting consumers to switch to EVs and bring in investment for the industry.

"If the government can provide attractive incentives to bring in investors, we can make Malaysia a hub for the production and distribution of EV components," added Roslan when speaking to reporters at a media session here on Tuesday night.

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