Malaysia Electric Commercial Vehicle Market 2022-2027

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    MALAYSIA ELECTRIC COMMERICAL VEHICLE MARKET

     

    INTRODUCTION

     

    Malaysia’s National Automotive Policy was formed, and it began emphasizing on energy-efficient vehicles (EEVs) (NAP). The policy’s objectives were to create a competitive domestic vehicle sector, establish Malaysia as a regional EEV hub, and increase value-added operations in a sustainable manner.

     

    To provide varied incentives, grants (for research and development as well as training) and infrastructure facilities are utilized. In Malaysia, the growth of the electric car market is impeded by a lack of consumer awareness and inadequate charging choices. 

     

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    MALAYSIA ELECTRIC COMMERICAL VEHICLE MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 BYD T3 EV van to enter Malaysian commercial vehicle scene CSH Alliance and BYD Malaysia have signed an electric vehicle memorandum of understanding. Malaysia This would enhance better Technological Controls
    2 DongFeng puts a spark into electric commercial vehicle market The smaller players in the automobile business are the ones who are ready to venture outside of their comfort zones in search of fresh opportunities. Malaysia This would enhance better Technological Controls
    3 QC Fleet launches first commercial electric van in Malaysia The car is expected to save 33 percent on annual maintenance and more than 78 percent on daily fuel costs. Malaysia This would enhance better Technological Controls
    4 From RM 130k, Malaysia’s first EV van is the CAM EC35 The CAM EC35 is Malaysia’s first completely electric (EV) van to hit the market. Malaysia This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

     

    The Malaysian administration’s EV legislation, as well as the continued introduction of new models, contribute to the country’s EV market growth. Malaysia’s government wants to be a prominent player in the regional electric transportation market by 2030.

     

    However, factors such as high cost, limited infrastructure, and technology limitations continue to stymie the EV industry’s progress. It was also discovered that in an optimistic, realistic, and cautious scenario, there is a likely demand for electric vehicles.

     

    CAM is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The CAM EC35 is effectively a rebranded variant of the DFSK model with the same name. It will be the first model in the CAM EV Line Up, and other pure electric vehicles, notably in the commercial category, are in the works.

     

    It has a 38.7-kWh lithium-ion phosphate battery and a WLTP range of 268 kilometers. In terms of DC fast charging, the highest charging rate is 40 kW, which takes 80 minutes to charge from 20% to 80%.

     

    BYD Inc. has been one of the most advanced solution provider in the used car requirements. The BYD T3 is a stationary electrical van with a load capacity of 3,800 liters and dimensions of 4,460 mm long, 1,720 mm wide, and 1,875 mm tall.

     

    It’s driven by an AC permanent magnet synchronous motor with 134 horsepower (100 kW) and 180 Nm of torque, and it has a top speed of 100 km/h. The motor is a 50.3 kWh proprietary BYD lithium-ion NCM battery, which gives the van a range of up to 300 kilometers on a single charge. 

     

    COMPANIES PROFILED

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

     

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