What does EV's need to truly succeed in Malayisa
With EVs now being tax-free in Malaysia, providing incentives for netizens to buy them, and manufacturers to make them, just removing taxes won’t allow EVs to succeed.
3 Factors That is Important for EV’s to Succeed
1. Charging Stations
Even if they bring in as many electric vehicles as they want, they need charging stations to work. Not just a few either—they need to be widespread. In malls, gas stations, homes, it needs to be a normal thing. Without sufficient charger support, the adoption of EVs will inevitably fail.
2. Supply of The Cars Themselves
If there are no cars, how are people supposed to buy them? A constant supply is needed, as well as a wide range of options. Thankfully, Malaysians have already taken action in this aspect.
3. Partnerships
Recently, Proton has partnered with an electric car company to sell electric cars in both Malaysia and Thailand. Proton Edar, Proton’s distributor, will be the designated dealer, importer, and distributor in the ASEAN region. They will also be partnering with Geely, which holds a 49.9% stake in Proton. Geely has experience with electric vehicles, allowing Proton to work with a firm knowledgeable in EVs, helping them grow in the ASEAN region.
They will also be partnering with Geely, which holds a 49.9% stake in Proton. Geely, they have experience with electric vehicles, allowing Proton to work with a firm that is knowledgeable in EVs, helping them grow in the ASEAN region.
Road to Ev’s Success
While tax exemptions on EVs in Malaysia provide a significant incentive for both consumers and manufacturers, a successful transition to electric vehicles requires more than just financial perks. Adequate charging infrastructure and a steady supply of diverse EV models are critical to fostering widespread adoption. With initiatives like Proton’s partnership with Geely and efforts to enhance charging station availability, Malaysia is on the right path towards a sustainable automotive future.
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