Malaysia’s diesel subsidy surges to RM2.5b monthly, Loke says EV trucks must replace fuel‑hungry fleets

🌐 Malay Mail (MY) —
Malaysia’s diesel subsidy surges to RM2.5b monthly, Loke says EV trucks must replace fuel‑hungry fleets

AI Summary

Malaysia's diesel subsidy has increased significantly, reaching RM2.5 billion monthly, as ongoing tensions in the region drive demand. The rising costs prompt discussions about the future of fuel-dependent fleets amidst the push for electric vehicles.

KUALA LUMPUR, May 14 — Malaysia’s diesel subsidy has jumped to RM2.5 billion a month as ongoing tensions in...

Politics Markets Energy Malaysia diesel subsidy energy policy electric vehicles fuel demand economic impact

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