Malaysia Electric Truck Market 2023-2030

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    MALAYSIA ELECTRIC TRUCK MARKET

    INTRODUCTION

    An electric truck is a battery-operated electric vehicle intended to deliver goods, carry specific payloads, or carry out other practical tasks. Compared to internal combustion trucks, electric vehicles produce less noise and pollutants.

     

    Infographic: Malaysia Electric Truck Market, Malaysia Electric Truck Market Size, Malaysia Electric Truck Market Trends, Malaysia Electric Truck Market Forecast, Malaysia Electric Truck Market Risks, Malaysia Electric Truck Market Report, Malaysia Electric Truck Market Share

     

    The cost of owning and running electric trucks is significantly cheaper than that of their predecessors due to the great efficiency and low component counts of electric power trains, the lack of fuel combustion when idling, and the quiet and effective acceleration.

     

    A move toward e-mobility and the growth of the nation’s infrastructure for charging electric vehicles will encourage individuals to embrace electric trucks for commercial use in the years to come, especially in light of growing environmental concerns.

    MALAYSIA ELECTRIC TRUCK MARKET SIZE AND FORECAST

     

    The Malaysia Electric Truck Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    Volvo Trucks is launching a number of new technologies that enhance driving comfort and safety while enabling precise manoeuvring in congested places and on slick or rough roads, such as those seen on construction sites.

     

    The use of a truck’s Terrain Brake helps to manoeuvre the vehicle through unsteady terrain easier and safer when travelling at low speeds.

     

    Additionally, Volvo Trucks improved the cruise control so that it could be used at preset speeds as low as 4 km/h, or even 2 km/h if the optional crawler gears were employed. Drivers may now move the truck into reverse while it is moving forward instead of utilising the brakes. The new feature then automatically slows down the vehicle before backing it up while the driver only presses the gas pedal.

     

    The first electric truck in Malaysia will shortly be delivered by Mercedes-Benz Malaysia Commercial Vehicles (MBMCV), the country’s authorised distributor of FUSO vehicles.

     

    Biforst Logistics, which recently signed a memorandum of understanding (MoU) with MBMCV to formalise the purchase following the truck’s official introduction, will be the organisation receiving the electric-powered FUSO eCanter.

     

    The three-person, 2,860 kg (kerb) eCanter employs a 70 kWh high-voltage battery to power its 185 kW electric engine, allowing it to tow weights up to 4,600 kg.

    COMPANY PROFILE

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Electric Trucks are manufactured per annum in Malaysia? Who are the sub-component suppliers in this region?
    2. Cost breakup of a Malaysia Electric Truck and key vendor selection criteria
    3. Where is the Electric Truck manufactured? What is the average margin per unit?
    4. Market share of Malaysia Electric Truck market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Electric Truck in-Malaysia
    6. key predictions for next 5 years in Malaysia Electric Truck market
    7. Average B-2-B Electric Truck market price in all segments
    8. Latest trends in Electric Truck market, by every market segment
    9. The market size (both volume and value) of the Electric Truck market in 2023-2030 and every year in between?
    10. Production breakup of Electric Truck market, by suppliers and their OEM relationship
    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, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    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, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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