Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Increasing government push is likely to boost sales of Electric Vehicles due to exemption of taxes and duties Lack of market leaders and ease of entry will act a positive reinforcement for emergence of newer homegrown EV manufacturing companies Increasing technological advancement and emergence of Electric Mobility-as-a-Service (EMaaS) will be witness in the EV space Increasing Government Support and Initiatives: The Malaysian government, had announced during Budget 2022 that battery electric vehicles (BEVs) will be exempted from both import and excise tax until 2023 for fully-imported vehicles (CBU) and 2025 for locally-assembled (CKD) models.The government is also giving tax income exemption for individuals of up to RM2,500 on the cost of purchase, installation, rent, hire purchase as well as subscription fees for electric vehicle charging facilities. The government has set the goal of making Malaysia a significant participant in the regional electric mobility market, and aims for 100,000 EVs to be on the road in the country by 2030, along with 2,000 electric buses and 125,000 charging stations. Ease of Market Entry: There are few electric 2-wheeler and 4-wheeler brands in Malaysia. A new company entering the market can easily establish itself in the market with a better business model and strategy. Companies have incentives to enter the industry, as it is still at a nascent stage and is expected to grow. For example, Honda plans to launch four electric two-wheelers by 2024. Increasing Technological Advancements: The major reason for the affordable prices of electric scooters and bikes is the advancement in battery technology. The decline in electric vehicle battery cost has an overall impact on the cost of an electric vehicle. OEMs are investing capital in research and development to further increase the efficiency of the electric battery along with the reducing their cost. Battery Swapping Technology is pioneering Electric Mobility-as-a-Service (EMaaS) in Malaysia, by developing Smart Swap – a game-changing turnkey solution for a battery-swapping infrastructure for Electric Motorcycles. 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 By Battery Technology Type for electric 2 wheelers Removable batteries Non-removable batteries By Voltage Type for electric 2 wheelers 24V 36V 48V 60V 72V By Battery Type for electric 2 wheelers Lithium-Ion Sealed Lead Acid By Brand of EV BMW Mercedes Benz Honda Volvo Hyundai Others By Type of EV Technology BEV HEV PHEV By EV Class Mid-priced Luxury Time Period Captured in the Report: Historical Period: 2016-2021 Forecast Period: 2022F-2026F Malaysia Electric Vehicles Industry Players Electric 2 wheelers Eclimo Treeletrik NIU Request for Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjY1 Electric 4 wheelers Honda BMW Mercedes Benz Volvo Hyundai Nissan Porsche Tesla KIA Mazda Audi Key Topics Covered in the Report Ecosystem of Electric Vehicles Industry Value Chain Analysis of Electric Vehicles Industry Business Models of Major Entities in the Electric Vehicles Industry Customer Preferences and Buying Decision Behavior in Electric Vehicles Industry Market Size of Electric Vehicles Industry by Transaction Value and Sales Volume Market Potential of Malaysia Electric Vehicles Market Market Segmentation of Electric Vehicles Industry by type of EV, type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, type of EV class, type of EV technology, by type of brands, by battery type Competitive Scenario of the Electric Vehicles Industry Issues and Challenges in Electric Vehicles Market Trends and Developments in the Electric Vehicles Industry Porter’s Five Forces analysis of the Electric Vehicles Industry Growth Drivers of Electric Vehicles Industry Challenges and Restraints in the Electric Vehicles Industry Government Rules and Regulations in the Electric Vehicles Industry Impact of Covid-19 and Government Regulations on Electric Vehicles Industry Future Market Size of Electric Vehicles Industry by Transaction Value and Sales Volume Future Market Segmentation of Electric Vehicles Industry by type of EV, type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, type of EV class, type of EV technology, by type of brands, by battery type Industry Speaks Analyst Recommendations Research Methodology For more information on the research report, refer to the below link: Malaysia Electric Vehicle Market Outlook to 2026 Related Reports UAE Electric Vehicle Charging Equipment Market Outlook To 2026: Driven By Government Support And Incentives With The Increasing Focus To Achieve Green And Sustainable Economy Malaysia Automotive Lubricant Market Outlook To 2025- Driven By Growing Adoption Of High-Performance Lubricants, Increasing Vehicles On Road Coupled With The Availability Of Products On E-Commerce Platforms Malaysia Used Car Market Outlook To 2026F (Third Edition) – Demand For Used Cars Increased Due To Shift In User Preference Towards Personal Mobility, Induced By Covid-19 Follow Us LinkedIn | Instagram | Facebook | Twitter Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Audi Electric 4 Wheelers Vehicle Sales, BMW Electric 4 Wheelers Vehicle Shares, Challenges in Malaysia EV Market, Competitors in Malaysia Electric Vehicle Industry, Electric Three-Wheeler Companies Malaysia, Electric Three-Wheeler Financing, Electric Two-Wheeler Market Competition, electric vehicles industry, Electric Wheeler Manufacturing Companies Malaysia, Emerging Companies in Malaysia EV Market, EV Charging Station Startups In Malaysia, Growth Drivers of Malaysia EV Market, Honda Electric 4 Wheelers Vehicle Sales, Hybrid Electric Vehicles Market Malaysia, Hyundai Electric 4 Wheelers Vehicle Shares, KIA Electric 4 Wheelers Vehicle Shares, Leading Players in 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