Malaysia Electric Bus Market 2024-2030
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Malaysia Electric Bus Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

MALAYSIA ELECTRIC BUS MARKET

 

INTRODUCTION

Electric buses (EBs) are a promising approach for reducing greenhouse gas emissions from the transportation industry on a big scale. The development of EB technologies will begin in the future decades all around the world, especially in Malaysia.

 

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Government policies in support of EB deployments are well-known. As a result, Malaysia's National Automotive Policy has outlined a set of policies that will help to establish a national foundation. Following the elaboration of Malaysia's EBs deployment goals for 2014 and 2020.

 

MALAYSIA ELECTRIC BUS MARKET DEVELOPMENTS AND INNOVATIONS

 

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1Electric bus service backs efforts to make Malaysia a carbon-neutral nationIn an effort to make Malaysia a carbon-neutral nation, the totally electric bus service will begin in Kuala Lumpur, Putrajaya, and other major cities before being expanded statewide.MalaysiaThis would enhance better Technological Controls
2Gov’t hoping to expand the utilization of electric busesFollowing their installation in Kuala Lumpur, where KL City Hall is located, the government is planning to increase the usage of entirely electric buses for public transportation.MalaysiaThis would enhance better Technological Controls
3Go KL City Bus free bus service to go fully electric by early 2023Following that, further units will be added to the fleet beginning early next year, with a total of 60 electric buses being deployed by the end of the year.MalaysiaThis would enhance better Technological Controls
4Germling to deliver 140 fully electric school bus to CaliforniaGamelan International Ltd (GML), a Johor-based bus and bus body manufacturer, is anticipated to supply 140 units.MalaysiaThis would enhance better Technological Controls

 

MALAYSIA ELECTRIC BUS MARKET COMPETITIVE LANDSCAPE

Malaysia's air quality has deteriorated by 70.4 percent because of increased pollution from motor vehicles, such as carbon and nitrogen dioxide emissions, leading in a surge in demand for electric buses in the country.

 

Malaysia is the market leader for electric buses in APAC, and the market is expected to grow even more due to the presence of an established market for electric automobiles. Furthermore, government initiatives such as zero-tariff import and excise duties on hybrid and electric vehicles would boost demand.

 

Germling International Limited is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market.

 

In the meanwhile, Germling, based in Johor Baur and listed on the Hong Kong Stock Exchange (Hex), plans to capitalize on the growing popularity of electric vehicles, both locally and globally, where several cities have already mandated that EVs replace gasoline-powered vehicles.

 

Germling has delivered aluminum buses to firms like Rapid KL and Rapid Penang, as well as manufacturing MRT feeder buses that are used in cities across Malaysia.

 

SKS Group has been one of the most advanced solution provider in the used car requirements. The bus is completely assembled at the firm's plant in Kampung Pulao Meranti, Puchong, which is something the company is very proud of.

 

It has a maximum speed of 70 km/h and can carry 31 passengers (21 sitting, 10 standing), however it functions best at speeds of 55-60 km/h. The energy storage capacity is 299 kWh, which is provided by eight lithium-ion traction battery packs located at the bus's back. This drives companies up to 250 kilometers on a single charge.

 

COMPANIES PROFILED

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix