Situationer: New Energy Vehicle policy plagued by contradictions

• Framework places both plug-in hybrids and combustion engines in 1pc sales tax category with e-vehicles • Stakeholders say move will distort industry, discourage sale of e-vehicles, localisation efforts THE New Energy Vehicle (NEV) policy, designed to accelerate the transition towards cleaner electric mobility and reduce oil dependence, is facing criticism over a fundamental policy contradiction: the decision to place plug-in hybrid electric vehicles (PHEVs) in the same preferential incentiv...

By [email protected] (Nasir Jamal)