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Volvo Malaysia awaits details on HVGT, hopes EV adoption rises

KUALA LUMPUR: Volvo Malaysia hopes that the soon-to-be-implemented High-Value Goods Tax (HVGT) will be given careful consideration to ensure that the luxury tax does not undermine efforts to encourage Malaysians to switch to electric vehicles (EVs).

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BERNAMA - VOLVO MALAYSIA AWAITS DETAILS ON HVGT; HOPES EV ADOPTION RISES

BERNAMA - VOLVO MALAYSIA AWAITS DETAILS ON HVGT; HOPES EV ADOPTION RISES
bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.

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Cruise into 2024 with Volvo s spectacular year-end deals

Grab the award-winning Volvo all-electric SUVs and enjoy attractive cash rebates in year-end offerings.

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Volvo XC40 and C40 Recharge are now offered with RM20,000 worth of savings in Malaysia Here s how it works

Volvo Malaysia now offers "RM20,000 off" for the XC40 and C40 EV but it isn't what you think. According to Volvo's estimation, you can save up to RM26,619 and reduce your loan settlement by 7 months.

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More electric vehicle related incentives soon

More electric vehicle (EV)-related incentives are expected to be in the revised Budget 2023, which will be tabled on Feb 24, according to International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

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