While EVs are a necessity to save the environment, there are various other benefits on offer for electric car drivers which make them ideal as your next vehicle.

When you buy an electric car, you won’t have to pay the road tax and you will also get a personal tax exemption of up to RM2,500 for expenditure on purchase, installation, rental or subscription fees of EV charging facilities or hardware and services. Currently, these benefits apply to EV owners until the end of 2023**.

On top of no petrol, you can also get a preferential rate on your car loan or car financing. For example, CIMB offers a preferential rate for hybrid or electric car loan or car financing, and offer a comprehensive EV financial solution. 

According to the Air Quality Index (AQI), Malaysia ranked number 59 out of 131 countries in terms of air pollution in 2022****.

Unfortunately, nitrogen dioxide emissions from cars, trucks, buses, and other forms of transportation are the major contributors to this issue. While it's not great news, awareness is the first step towards taking action to improve our air quality.

So how can EVs help to advance environmental sustainability? Well for one, an electric vehicle does not produce tailpipe emissions and can help improve local air quality. This is good news, especially for those living in big cities or near highways.

EV cars can also help to reduce dependence on fossil fuels as they rely solely on batteries. The production of electric vehicle (EV) batteries has environmental impacts but they are much less***** polluting than petrol and gas emissions over the life cycle of the vehicle. Additionally, efforts are being made to improve the sustainability of EV batteries, such as through recycling and using more environmentally friendly materials.

A major myth in the market is that electric cars are priced at very hefty price tags, ranging from RM400,000 – RM500,000 upwards. But just like any other car, EVs come in a range of prices starting from RM100,000+.

For an EV car owner, the biggest cost advantage is the overall low operating cost over time. The cost of electricity is generally lower than the cost of petrol, and electric cars can travel further on the same amount of energy compared to petrol cars. This means that you can save significant money on fuel costs over the life of the vehicle.

EVs also have fewer moving parts than petrol cars, which means that they require less maintenance. For example, EVs don't need oil changes, and their regenerative braking systems help reduce wear and tear on brake pads. This can translate into lower maintenance costs for owners of electric cars.

So if you're considering buying a new car, why not give an electric car a chance? In addition to their environmental benefits, EVs can save you money on fuel and maintenance costs over time. EV technology will likely continue to improve and the ease of owning an electric car is only likely to increase. Give an EV car a test drive today!