Transport minister Loke Siew Fook said the government is also examining other forms of support to accelerate the transport industry’s transition to electric vehicles (EVs), such as developing charging infrastructure and supporting facilities.

Speaking at the opening of the Malaysia Commercial Vehicle Expo 2026 here today, Loke said the transition to EVs is important to achieve the country’s target of net-zero carbon emissions by 2050, while also reducing dependence on subsidised diesel.

Loke said the government currently spends about RM2.5 billion a month on diesel subsidies, which is placing significant strain on the country’s fiscal position.

“This (RM2.5 billion) is a huge amount. Financially, it is very, very hard for the government to sustain this,” said Loke.

“The government will try our best to ensure that we can continue to help the industry weather the current storm, but over the long-term, what we are hoping for is that there will be a gradual transition towards EV trucks.”

He also said EV trucks are currently two to three times more expensive than diesel trucks, making a complete transition difficult for operators.

Loke said that based on the road transport department’s data, the number of EV trucks in Malaysia currently stands at fewer than 10 units, with most being used for trial purposes by transport companies.

He said the ministry is also exploring the option of introducing telematics in all trucks to provide companies with a more robust system to monitor their drivers.

However, he stressed the move will not be compulsory.

“Safety and profitability must go hand in hand.

“The government will continue introducing measures and regulations to reduce accidents and foster a culture of safety within the transport industry,” he said.