Proton to go Dutch and make electric cars. I hope Azlan and Co will do good in the electric department. There'll be enough competition, as local hybrid car AP holders would be bringing in their hybrids in earnest.
Read the AFP's piece on Proton's plans to go electric, here.
Incentives for hybrids under the 2009 Budget:
EXEMPTION OF 100 PERCENT IMPORT DUTY & 50 PERCENT EXCISE DUTY ON NEW HYBRID CBU CARS, WITH ENGINE CAPACITY BELOW TWO 2,000 CC LITRE TO BE GIVEN TO FRANCHISE IMPORTERS. THE EXEMPTION IS FOR TWO YEARS.