Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026: Ken Research 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… Read More »
Malaysia Electric Vehicle Market Analysis, Sales, Forecast and Outlook to 2026: Ken Research Malaysia Electric vehicle Market Segmentation, 2021 By Type of Electric Vehicle (4-Wheeler and 2-Wheeler) In 2021, Electric 4-Wheelers dominated the Electric Vehicle Market in Malaysia and generated a revenue of USD xx Million. Electric 2-Wheelers helped in contributing xx% of the total Electric Vehicle market in Malaysia generating a revenue of USD xx Million. By… Read More »
Malaysia Electric Vehicle Industry, Market Revenue, Sales and Forecast: Ken Research Overview of Malaysia Electric Vehicle Industry And Market Size The electric vehicle market in Malaysia recorded a negative CAGR of ~xx% on the basis of revenue in between 2016 and 2021. The slowdown in growth is attributed to the lack of domestic manufacturers in the ecosystem, resulting in imports of these vehicles which ultimately, shoots… Read More »
Increasing government support, increasing charging facilities and low maintenance costs will contribute to the growth of Electric Vehicles Industry in Malaysia: Ken Research Consumer preferences and buying decision behavior The electric vehicles market is at a very nascent stage. Public awareness needs to be strengthened to encourage more users to switch to EVs. This includes continuously raising awareness on the benefits of EVs – particularly about its range and reliability, ensuring the readiness of infrastructure, and promote benefits… Read More »
Malaysia Electric Vehicle Market Outlook to 2026: Ken Research 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… Read More »