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 »

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 »