Automotive News: Newest & Breaking Automotive Information, Updates And Today’s Headlines From Australia
Beginning October 1 this 12 months, Singapore-registered autos entering Malaysia will be required to have a VEP, which shall be used for toll funds as nicely as the RM20 per entry highway cost. Those caught and not utilizing a VEP could be fined as a lot as RM2,000 or imprisoned for as a lot as six months upon conviction. Singapore motorists will be able to collect their car entry permit RFID tag from the knowledge counter located on the third ground of 186 Woodlands Industrial Park E5 from September 12, 2024, reports automotive news CNA. Even these which were classified as not cooperating, similar to MG owner SAIC, have gotten their charges decreased. The most punitive rate is reportedly now 35.3%, down from 36.3% last month and 37.6% initially – itself a decrease from the primary proposal of 38.1%. These rates, which apply on prime of the standard 10% tariff for EVs, will be subject to a vote by the 27 member states, the publication said.