MITI’s New CBU EV Floor Price - Good or Bad?

The local EV industry woke up to a shocking development today, as the Ministry of Investment, Trade and Industry (MITI) is reported to be planning to raise the floor price of fully imported EVs to effectively RM300,000 (inclusive of taxes and other costs), as well as set a minimum power output limit for imported models. Daniel shares his thoughts on this development and what it means for the local auto industry and consumers.In our news segment, we go back to new car launches, including Audi with their brand new Q5s, Jetour with the T1, GAC with a new look GS3 EmZoom, and others.We also review the 2025 Honda HR-V e:HEV RS and ponder whether the HR-V can continue its popularity in its segment.Photo credit: Abdul Razak Latif / Shutterstock.com