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Rapid Bus and Volvo ink deal for electric bus test run

SHAH ALAM: Rapid Bus Sdn Bhd and Volvo Buses Malaysia have signed a memorandum of understanding (MoU) to formalise the implementation of a trial operation of the new electric city bus in Klang Valley. ....

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Rapid and Volvo to jointly conduct electric bus trial

Rapid and Volvo to jointly conduct electric bus trial
thesun.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesun.my Daily Mail and Mail on Sunday newspapers.

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Fitch Solutions sees passenger EV sales in Malaysia to expand rapidly in 2023

Fitch Solutions, a Fitch Group unit, said Thursday that it expects passenger electric vehicle (EV) sales in Malaysia to expand rapidly in 2023, albeit from a low base due to the introduction of incentives to boost adoption.The research house forecasts passenger EV sales in Malaysia to increase by 45.6 percent in 2023 to reach an annual sales volume of around 4,449 units. ....

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Budget 2023: More funds, incentives for green tech to meet net zero target and sustainability agenda

THE government is committed to meeting its target of achieving net zero greenhouse gas emissions by 2050, and as such, is increasing existing funding programmes and extending tax incentives to encourage the adoption of green technology in the country. Through Budget 2023, it proposes to extend the period to apply for the Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE) to Dec 31, 2025. It also proposes to extend the tax allowance and exemptions from three years to five years. ....

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CFM in joint ventureto drive EV and RE

PETALING JAYA: Computer Forms (M) Bhd (CFM) and Thailand’s Energy Absolute Pcl will form a joint-venture (JV) company to offer greener mobility solutions that are earmarked to drive Malaysia’s electric vehicle (EV) and renewable energy (RE) sectors. ....

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