Malaysia Moves to Curb EV Imports in Blow to Chinese Automakers

Malaysia will limit the entry of fully imported electric vehicles from July, a move that is set push out many mid-range Chinese cars from the country’s market.

The Ministry Of Investment, Trade and Industry issued a circular to car importers with new regulations that effectively increase the minimum retail price of fully imported EVs and also increase the minimum power output for such models, according to a statement on Wednesday.