Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026
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Increase in charging infrastructure
In Malaysia, the launch of the National Low Carbon Cities 2030 plan, entails the establishment of 200 low carbon zones across the country, which may bring about a greater push for green vehicle options, including EVs. Malaysia plans to build 25,000 public charging points and 100,000 private charging points by 2030.
The publication titled "Malaysia Electric Vehicle Market Outlook to 2026: Driven by government initiatives along with the need to curb vehicular emissions, and increasing charging infrastructure" provides a comprehensive analysis of the electric vehicles industry by analyzing historical statistics and corresponding developments in the electric vehicles market. The market growth declined during COVID as manufacturing activities were on halt and the supply chain got disrupted. Given the consolidated structure in the electric vehicle industry, analysts have elaborated on competitive landscape of major electric 2-wheelers and 4-wheelers player on the basis of models launched, product prices, technology type and other operational parameters. The report also covers a snapshot on player's business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the industry. The report highlights the pain points of the electric vehicles industry along with detailed company profiles of major electric 2-wheeler and 4-wheeler brands. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.
Key Segments Covered in Malaysia Electric Vehicles Industry
By Type of EV
- 4-wheelers
- 2-wheelers
By Type of Electric 2-wheelers
- Electric scooter
- Electric motorcycle
By Type of Battery Capacity for electric 2 wheelers
- <25Ah
- >25Ah
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By Battery Technology Type for electric 2 wheelers
- Removable batteries
- Non-removable batteries
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By Voltage Type for electric 2 wheelers
- 24V
- 36V
- 48V
- 60V
- 72V
By Battery Type for electric 2 wheelers