MALAYSIA EV TRACTION MOTOR MARKET

INTRODUCTION 

An electric motor serves as the primary component of an electric vehicle (EV), which takes the place of internal combustion engines.

Different types of electric motors can now be employed in electric vehicles thanks to the quickly evolving fields of power electronics and control systems.

High starting torque, high power density, good efficiency, etc., are desirable qualities in electric motors used in automotive applications.

MARKET DYNAMICS 

The manufacturing sector of Malaysia is significantly made up of the auto industry.

Both in terms of production and usage, Malaysia's EV ecosystem is substantially less developed than that of the larger automotive sector.

However, the government is making EV promotion a higher priority, particularly in light of its commitment to becoming carbon neutral.

High expenses and a lackluster supporting infrastructure are obstacles to the growth of Malaysia's EV ecosystem.

Even though Malaysia's EV business is still in its infancy, it is in a good position to grow. Input industries for EV manufacture, like the fabrication of semiconductors and copper wire, are also strong in Malaysia.

Other businesses might imitate Malaysia's move, turning it into a pioneer in Southeast Asia's EV adoption as investments in the country's EV industry pick up steam and the government continues to provide favourable incentives.

MALAYSIA EV TRACTION MOTOR MARKET SIZE AND FORECAST

The Malaysia EV Traction Motor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

Volvo Car Malaysia, a Swedish carmaker, has revealed an electrification strategy to create its first assembled electric vehicle (EV).

At its production facility, the company intends to produce electric vehicles (EVs) that are completely taken down (CKD).

The first automaker in Malaysia to provide a full line of plug-in hybrid (PHEV) vehicles is Volvo Car Malaysia.

During the occasion, the carmaker unveiled the XC40 Recharge Pure Electric vehicle.

By assembling the XC40 Recharge Pure Electric model locally and exporting it to the ASEAN market, Volvo Car Malaysia will be making its first attempt at electrification in the nation and intends to keep taking the lead in the early automotive electrification project.

COMPANY PROFILE

• Volvo
• Mercedes-Benz 
• Hyundai
• Toshiba
• General Electric 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Malaysia EV Traction Motor Market right now and how will it change in next 5-6 years? 
2. Average cost to set up a  Malaysia EV Traction Motor Market  in Malaysia
3. How many Malaysia EV Traction Motor Market  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally? 
5. Cost breakup of a  Malaysia EV Traction Motor Market  and key vendor selection criteria
6. Where is the Malaysia EV Traction Motor Market  manufactured? What is the average margin per equipment?
7. Market share ofMalaysia EV Traction Motor Market  manufacturers and their upcoming products
8. The most important planned  Malaysia EV Traction Motor Market in next 2 years
9. Details on network of major Malaysia EV Traction Motor Market  and pricing plans
10. Cost advantage for OEMs who manufacture Malaysia EV Traction Motor Market  in-house
11. 5 key predictions for next 5 years in Malaysia EV Traction Motor Market
12. Average B-2-B Malaysia EV Traction Motor Market price in all segments
13. Latest trends in Malaysia EV Traction Motor Market, by every market segment
14. The market size (both volume and value) of Malaysia EV Traction Motor Market in 2022-2027 and every year in between?
15. Global production breakup of Malaysia EV Traction Motor Market, by suppliers and their OEM relationship