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Volvo Car Malaysia Announces EEV Status And Price Reduction For Selected Models

NEWS
Gokul August 12, 2016 15:24

Volvo Car Malaysia announced that models equipped with the Drive-E powertrain have now been accorded Energy-Efficient Vehicle (EEV) status, which will result in a retail price reduction for applicable models, thanks to customized government incentives.

The models and their prices (on-the-road without insurance, inclusive of six per cent GST) before and after the incentives are as mentioned below:

Models

Retail price

Retail price with EEV incentive

XC60 T6

RM318,888

RM298,888

XC60 T5

RM288,888

RM266,888

V40 T5 Drive-E

RM192,888

RM180,888

According to Volvo Car Malaysia, the retail price with EEV incentive will take effect from today onwards.

“Our award-winning Drive-E powertrains offer customers a world-class blend of outstanding power and lower fuel consumption which promises to bring efficient driving pleasure to a whole new level,” said Lennart Stegland, Managing Director of Volvo Car Malaysia.

Stegland adds, “We fully support the government’s initiative under the NAP to encourage the use of EEVs in Malaysia as it will spur investments and development of green technologies from global automotive players into Malaysia.”

Volvo Car Malaysia also mentioned that it would like to acknowledge the cooperation between the relevant government agencies such as the Malaysian Automotive Institute (MAI), Ministry of International Trade and Industry (MITI), Ministry of Finance (MOF), Malaysian Investment Development Authority and the Road Transport Department (JPJ) to ensure that all the requisites for the certification and incentives are met.

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About Gokul

He firmly believes that we should listen to Bob Marley more often while driving to make the road a better place.

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