ENZHMS
Link Copiedcheck_circle
Auto News

BMW Group Malaysia Comments on Budget 2023

Jesica Sendai

Share via


The announcements from Budget 2023 tabled today signal a brand-new era for Electrified and Sustainable Mobility in Malaysia, where the future for Electric Vehicles (EVs) is bright.

The introduction of the all-electric BMW I fleet, which includes the BMW iX, BMW iX3, BMW i4, and soon, the BMW i7, demonstrates the automaker’s commitment and belief that Malaysia's Future is Electrifying.

BMW continues to expand their BMW I Charging network, which now includes over 400 charging stations across Peninsular Malaysia, Sabah, and Sarawak, with premium partners Tenaga Nasional Berhad, EV Connection (JomCharge), and Siemens, in order to foster a viable ecosystem with long-term partners.

More than that, the automaker also believes in developing local talents capable of bringing the technology further in Malaysia.

With BMW High Voltage Expert certification, the automaker wishes to create a world-class EV-ready workforce within the country and to develop more local talents which could enhance the technology further in Malaysia.


Managing Director, BMW Group Malaysia Hans de Visser also applauded the newly announced allocations in Budget 2023, which demonstrate the government's commitment to their shared vision of electrification and sustainability.

The extension of the import and excise duty exemption for fully-imported (CBU) EVs, as well as incentives for EV charging equipment manufacturers indicates both positive initiatives which will accelerate the country's adoption of Electrified Mobility.

As BMW Group Malaysia continues to pursue electrification strategies, the automaker looks forward to collaborating with the government and other key stakeholders in hopes for a brighter and greener future for all Malaysians.

 

Share This Article

Written By

Jesica Sendai

from 9 to 5 grinder to 'racing' her way in the automotive industry through editorial work.

Share via

JPJ Running Numbers

KUALA LUMPUR

VQT1854

SELANGOR

BSN9734

JOHOR

JYU4127

PULAU PINANG

PSB2566

PERAK

APG4843

PAHANG

CFG1471

KEDAH

KGF1826

NEGERI SEMBILAN

NEJ9761

KOTA KINABALU

SJR2757

KUCHING

QAB5238N

Last updated 11 Apr, 2026

Fuel Price

Petrol

RON 95

RM 2.59

+0.05

RON 97

RM 3.15

+0.05

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 3.04

+0.05

EURO 5 B7

RM 3.24

+0.05

Last updated 26 Feb, 2026

Related News

Auto News
BMW Malaysia 2026 Price Update – ICE Models Up, EVs Unchanged

BMW Malaysia 2026 Price Update – ICE Models Up, EVs Unchanged

BMW Malaysia has updated the price list for its models in 2026, with most ICE models going up and EVs mostly unchanged.

19-01-2026
Auto News
BMW Group Malaysia Reports Strong 2025 Sales And EV Growth

BMW Group Malaysia Reports Strong 2025 Sales And EV Growth

BMW Group Malaysia delivered over 10,800 vehicles in 2025, including more than 2,700 fully-electric models, continuing growth in premium and EV segments.

15-01-2026
New Car
Launched: 2025 BMW M340i xDrive M Sport Pro – RM388,800

Launched: 2025 BMW M340i xDrive M Sport Pro – RM388,800

BMW Group Malaysia has further expanded its 2025 MY 3 Series lineup by launching the M340i xDrive M Sport Pro.

20-06-2025
Auto News
Special Deals Await at BMW Malaysia’s “March Into Joy” Sales Event

Special Deals Await at BMW Malaysia’s “March Into Joy” Sales Event

Enjoy special deals and offers on selected BMW models with BMW Malaysia’s “March Into Joy” nationwide sales event.

06-03-2025
Review
Tested: BMW i5 eDrive40 M Sport – Charged Driving Pleasure!

Tested: BMW i5 eDrive40 M Sport – Charged Driving Pleasure!

The BMW i5 eDrive40 M Sport manages to live up to the high expectations set up by its ICE-powered adversaries, and here’s why…

13-02-2025
Auto News
BMW Group Malaysia Shifted 13,500 Vehicles in 2024

BMW Group Malaysia Shifted 13,500 Vehicles in 2024

BMW Group Malaysia shifted 13,500 vehicles throughout 2024, remaining leader in the premium segment despite a 10% drop.

16-01-2025
New Car
Previewed: BMW 530i M Sport CKD – Est. RM400,000

Previewed: BMW 530i M Sport CKD – Est. RM400,000

Localised (CKD) G60-gen BMW 5 Series range expanded with preview of new BMW 530i M Sport variant that bears RM400,00 estimated price.

16-01-2025
Auto News
Expanded BMW Group Regional Parts Centre In Senai

Expanded BMW Group Regional Parts Centre In Senai

BMW Group Regional Parts Distribution Centre in Senai, Johor marks 20th anniversary with expanded premises and operations.

28-11-2024

Latest News

Auto News
Why Is Global Oil Falling But Our Petrol Price Is Still High? — MOF Explains The 'Lag'

Why Is Global Oil Falling But Our Petrol Price Is Still High? — MOF Explains The 'Lag'

Why is global oil falling but Malaysia’s petrol price is still high? MOF explains the APM "lag effect" and why unsubsidized RON95 hit RM4.27 this week.

10-04-2026
Auto News
Proton X50 ‘Black Edition' Look Goes Permanent: Quartz Black Now Available for All Variants
Auto News
SUPER GT 2026 Malaysia Might Not Happen At All? Here’s What We Know So Far

SUPER GT 2026 Malaysia Might Not Happen At All? Here’s What We Know So Far

Is SUPER GT 2026 Malaysia cancelled? Reports suggest the Malaysian round may be called off due to fuel concerns and high costs. Get the latest updates here.

07-04-2026
Auto News
Is It Illegal To Borrow Your Parents' MyKad For Subsidised Petrol? Here’s What The Law Says

Is It Illegal To Borrow Your Parents' MyKad For Subsidised Petrol? Here’s What The Law Says

Can you use a family member's MyKad for Budi95 petrol? JPN warns that sharing IDs at the pump is prohibited and under investigation. Get the official rules here.

06-04-2026
Auto News
Tough Times, But Everyone Still Wants a Saga: Sales Jump 38% Despite a Slow Market

Tough Times, But Everyone Still Wants a Saga: Sales Jump 38% Despite a Slow Market

Proton Saga defies the 2026 market slump with a 38% sales surge! Discover the new 1.5L engine, Level 1 ADAS, and tech upgrades making it Malaysia’s top choice.

03-04-2026
Auto News
Malaysia Is Angry… But The World Is Already in Energy Crisis

Malaysia Is Angry… But The World Is Already in Energy Crisis

Malaysia is cutting the BUDI95 quota to 200L. While we argue over liters, the world is in "Energy Survival Mode." Is an EV your secret to beating the 2026 crisis?

03-04-2026
Auto News
GWM Malaysia Eyes Top 10 Spot by 2028: 6 New Models to Launch, Led by Tank 300 HEV

GWM Malaysia Eyes Top 10 Spot by 2028: 6 New Models to Launch, Led by Tank 300 HEV

GWM Malaysia targets Top 10 status by 2028, launching 6 new SUVs starting with the Tank 300 HEV.

02-04-2026
Auto News
Why Your Next Group Trip Costs 80% More: Diesel Hits Historic RM6.02 (April 2-8)

Why Your Next Group Trip Costs 80% More: Diesel Hits Historic RM6.02 (April 2-8)

Malaysia's tour bus and van rates jump 80% as diesel hits a historic high.

01-04-2026

Show More

trending_flat
Carz Automedia Malaysia Logo
About Us

CarzAutoMedia: Stay connected to the latest car news! Get instant updates on new releases, industry trends, and automotive innovations. Your go-to source for 24/7 coverage of everything automotive.

© 2026 CariCarz.com. All Rights Reserved.