Malaysia’s move towards electrification gains momentum, particularly in the surge of electric vehicle (EV) adoption.
Rising Demand for Sustainable Transportation Solutions in the Local Market
In 2022, 2,631 EVs were sold, a remarkable 860 per cent increase from 2021, as reported by the Malaysian Automotive Association (MAA). However, the EV share was modest at 0.4 per cent of total sales. (Total EV sales, including that for commercial vehicles and hybrids, for 2023 was 38,055, up 69 per cent from 22,619 in 2022.) The government aims to have 125,000 EVs on the road by 2030, with a sign...
Rising Demand for Sustainable Transportation Solutions in the Local Market
In 2022, 2,631 EVs were sold, a remarkable 860 per cent increase from 2021, as reported by the Malaysian Automotive Association (MAA). However, the EV share was modest at 0.4 per cent of total sales. (Total EV sales, including that for commercial vehicles and hybrids, for 2023 was 38,055, up 69 per cent from 22,619 in 2022.) The government aims to have 125,000 EVs on the road by 2030, with a sign...
