NGV Vehicle Phase Out In Malaysia: Timeline

Chartdata

You need 2 min read

·

Post on Nov 04, 2024

43 visitor like this post

Share

NGV Vehicle Phase Out in Malaysia: The End of an Era?

Are you still rocking an NGV vehicle in Malaysia? You might be surprised to know that the days of these gas-guzzlers are numbered. The Malaysian government is on a mission to phase out NGV vehicles and the clock is ticking!

So, what's the deal with NGV vehicles? They were all the rage back in the day, offering a seemingly cheaper way to fuel up. But they've been plagued with issues like limited range, safety concerns, and environmental impact. It's no surprise the government decided it was time for a change.

The NGV Vehicle Phase-Out Timeline: What You Need to Know

Here's the lowdown on the planned phase-out:

• 2019: The writing was on the wall – the government announced the end of new NGV vehicle registrations. • 2025: The deadline for existing NGV vehicles to convert to petrol or diesel or face being scrapped.

But hold your horses! The deadline might be extended based on the government's evaluation of the progress and the current landscape. But one thing's for sure, the era of NGV vehicles is definitely coming to an end.

Why the Phase-Out?

It's not just about being eco-conscious (though that's a major factor). The government is also pushing for a cleaner and more efficient transportation system. This includes promoting electric vehicles (EVs) and hybrid vehicles, which offer better performance, lower emissions, and a longer lifespan.

What Happens Next?

So, what does this mean for current NGV owners? Well, the clock is ticking. You have a few options:

1. Convert to Petrol/Diesel: This is the most common route, but it comes with costs for the conversion and potentially lower resale value. 2. Scrap Your NGV: You can get some cash back from the scrap value, but it might not be as much as the vehicle was worth before. 3. Trade Up: Consider trading your NGV for a newer, more fuel-efficient petrol/diesel or even a hybrid or EV.

Don't panic! The government is providing support for those who need it, including financial assistance and information campaigns.

The NGV phase-out is a big shift in the Malaysian automotive landscape. While it might be tough for some, it's ultimately a move towards a greener and more sustainable future.

So, get ready to say goodbye to the NGVs and embrace the next generation of vehicles!