No Cash Rebates To Replace BUDI95 Fuel Subsidy For EV And Hybrid Transition

There are no plans to replace the fuel subsidy under the BUDI95 scheme with cash rebates to incentivise a shift to electric vehicles (EVs) or hybrid cars, Finance Minister II Datuk Seri Amir Hamzah Azizan said. He explained that such a move would alter the core purpose of the subsidy, which is designed to remain […] The post No Cash Rebates To Replace BUDI95 Fuel Subsidy For EV And Hybrid Transition appeared first on Lowyat.NET .