{"id":1638,"date":"2011-11-11T11:29:34","date_gmt":"2011-11-11T03:29:34","guid":{"rendered":"http:\/\/www.nbc.com.my\/blog\/?p=1638"},"modified":"2024-11-01T10:53:58","modified_gmt":"2024-11-01T02:53:58","slug":"hybrid-electric-cars-continued-to-be-cheaper","status":"publish","type":"post","link":"https:\/\/www.nbc.com.my\/blog\/hybrid-electric-cars-continued-to-be-cheaper\/","title":{"rendered":"Hybrid &#038; Electric Cars Continued To Be Cheaper In Malaysia"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1640 alignleft\" title=\"nbc-hybrid-car\" src=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/11\/nbc-hybrid-car1.jpg\" alt=\"\" width=\"301\" height=\"167\" srcset=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/11\/nbc-hybrid-car1.jpg 301w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/11\/nbc-hybrid-car1-105x58.jpg 105w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/11\/nbc-hybrid-car1-150x83.jpg 150w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/11\/nbc-hybrid-car1-24x13.jpg 24w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/11\/nbc-hybrid-car1-36x19.jpg 36w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/11\/nbc-hybrid-car1-48x26.jpg 48w\" sizes=\"(max-width: 301px) 100vw, 301px\" \/>Prime Minister Dato&#8217; Seri\u00a0Najib has announced in Budget 2012 that the 100% exemption of import duty and excise duty for new CBU hybrid and electric cars be extended for another 2 years, with effect from 1 January 2012 to 31 December 2013.<\/p>\n<p><!--more-->This is part of the efforts from the Malaysian Government to promote &#8220;Green Products&#8221; in tackling climate change and increase the awareness of protecting our environment among the Malaysians.<\/p>\n<p>Presently, franchise holders of hybrid and electric cars are given 100% exemption of import duty and excise duty on new completely-built-up CBU) hybrid and electric cars.<\/p>\n<p>The exemption was initially given for only one year commencing from 1 January 2011 until 31 December 2011, subject to certain criteria and conditions.<\/p>\n<p>The increase in the use of hybrid and electric cars would be a catalyst to promote local assembly of hybrid and electric cars in the country and ensure sustainable growth of the nation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Minister Dato&#8217; Seri\u00a0Najib has announced in Budget 2012 that the 100% exemption of import duty and excise duty for new CBU hybrid and electric cars be extended for another 2 years, with effect from 1 January 2012 to 31 December 2013.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[162],"tags":[173],"class_list":["post-1638","post","type-post","status-publish","format-standard","hentry","category-malaysia-tax-budget","tag-malaysia-budget-2012"],"_links":{"self":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/1638"}],"collection":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/comments?post=1638"}],"version-history":[{"count":1,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/1638\/revisions"}],"predecessor-version":[{"id":6564,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/1638\/revisions\/6564"}],"wp:attachment":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media?parent=1638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/categories?post=1638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/tags?post=1638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}