The ministry of international trade and industry (MITI) has issued a media statement announcing the new changes to the CBU electric vehicle (EV) policy, following on the end of the four-year tax exemption period for fully-imported EVs under the franchise approved permit (AP) scheme on December 31, 2025.
The ministry said that starting from July 1, 2026, all importation of CBU EVs are subject to two main conditions, and they are that any EV being imported must have a minimum declared cost, insurance and freight (CIF) value of RM200,000, and a minimum power output of 180 kW (which is equivalent to 245 PS or 241 hp).
It said this adjustment was communicated to AP franchise holding companies through an engagement session held on April 30 this year.
The ministry added that, taking into account that some companies still had remaining stock of vehicles, including existing stock, those at the port and in transit, it would allow the said stock to be sold according to the regulations within the special exemption period until these are exhausted.
For the full explanation on what the new regulations mean, read our comprehensive article detailing all the changes that will likely come about with the introduction of the updated policy.
The post MITI confirms changes to CBU EV policy, minimum CIF value of RM200k, at least 245 PS, effective July 1, 2026 appeared first on Paul Tan’s Automotive News.
