Government looking to incentivise EV truck to reduce diesel subsidy costs

Transport Minister Anthony Loke said the ministry will present its views at the upcoming EV Task Force meeting next week to encourage discussions on possible incentives for EV truck adoption.

14 May 2026 12:25pm
Transport Minister Anthony Loke said the ministry will present its views at the upcoming EV Task Force meeting next week to encourage discussions on possible incentives for EV truck adoption. - Photo by Bernama
Transport Minister Anthony Loke said the ministry will present its views at the upcoming EV Task Force meeting next week to encourage discussions on possible incentives for EV truck adoption. - Photo by Bernama

KUALA LUMPUR - The government is looking at ways to incentivise transport operators to adopt electric vehicle (EV) trucks as part of long-term efforts to reduce the country’s diesel subsidy costs.

Transport Minister Anthony Loke said the ministry will present its views at the upcoming EV Task Force meeting next week to encourage discussions on possible incentives for EV truck adoption.

"This is something which I think is necessary, not just because we have to achieve our net-zero target by 2050, but also in terms of fuel efficiency and costs to the government.

"It is better for the government to incentivise operators to operate EV trucks because our diesel subsidy bill is especially high right now,” he said when officiating the Malaysia Commercial Vehicle Expo (MCVE) 2026 here today. - BERNAMA

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