141 - Hidden costs, poor resale? Are cheap EVs bad for Malaysia?

141 - Hidden costs, poor resale? Are cheap EVs bad for Malaysia?

From Let's Talk About by SoyaCincau

April 20, 2026 · 52 min

About this episode

The episode discusses the implications of affordable electric vehicles in Malaysia, addressing concerns about hidden costs and resale value.

Are cheap EVs really a bad idea? Following the MITI EV Policy issue, there’s growing criticism around affordable electric vehicles coming into Malaysia, from claims of hidden costs and poor resale value to concerns that the country could become a dumping ground for foreign brands.In this episode of Let’s Talk About, Amin and Alex break down these arguments and separate fact from perception. Is resale value really that important, especially when Malaysians have long paid high prices for cars with limited features and technology?We also discuss what the government can do to support the transition, especially for businesses that rely heavily on diesel. From incentives to tax exemptions for electric commercial vehicles like lorries, pickups and vans, what’s needed to move the industry forward?If EV adoption is to grow, the conversation needs to go beyond fear and focus on real solutions. #ev #miti #resalevalue

People in this episode

Hosts: Amin, Alex

Topics covered

  • electric vehicles
  • resale value
  • government policy
  • affordable EVs
  • industry transition

Keywords

  • cheap EVs
  • Malaysia
  • hidden costs
  • resale value
  • electric vehicles
  • government support
  • tax exemptions

Mentioned in this episode

Organizations: MITI

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