MYANMAR ELECTRIC COMMERCIAL VEHICLE MARKET

INTRODUCTION

The job of electric motors is to convert energy stored in the battery system into movement, which then spins the wheels. In BEVs, electric motors are exclusively responsible for this, whereas in hybrids, actuators as well as internal combustion engines work together to power the wheels.

HEVs and PHEVs use chemical energy from the battery and engine fuel, which is the only source of energy in BEVs. It is important to note that battery manufacturing alone may not result in considerable value-added capture. 

MYANMAR ELECTRIC COMMERICAL VEHICLE MARKET DEVELOPMENTS AND INNOVATIONS

COMPETITIVE LANDSCAPE

While developing countries, particularly China, have been intensively researched as EV buyers, research on their role as EV manufacturers is limited. One possible explanation for the paucity of research is that electric vehicle production is concentrated in carmakers' home nations.

Because electric vehicle technology is still in its early stages, there may be advantages to conducting EV production close to the headquarters of the original equipment manufacturer (OEM). This trend makes it less likely that electric vehicle manufacture will take place in poorer countries.

KSDV is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. On a single battery charge, this KSDV 1-NE2 electric car can travel up to 800 kilometers. It has a top speed of 80 kilometers per hour.

The vehicle features an electronic charger engine machine with a capacity of 796 CC that may be utilized to swiftly recharge the battery using 92 gasoline while on the road. The battery in the KSDV1-NE2 model electric car is guaranteed for five years, and the factory will cover all mechanical defects for the duration of the warranty period.

Toyota Myanmar has been one of the most advanced solution provider in the used car requirements. The Toyota FT-EV II is a model of clean transportation that runs entirely on electricity. The tiny design incorporates a small motor at the front and the batteries under the flooring, with a total body length of 2.7 meters (just under 9 feet).

The cabin is surprisingly roomy for the vehicle's size, and it can accommodate four adult passengers. It will ideally combine various energy sources and powertrains, as well as take into account various combinations of driving requirements.

COMPANIES PROFILED

• Hyundai Inc.
• BYD Auto Co., Ltd
• Proterra, Inc.
• AB Volvo
• Olectra Greentech Limited
• Tesla
• Nissan
• Daimler
• Toshiba
• Mitsubishi
• Continental
• Kia Motors
• Chevrolet
• Renault
• Renault Samsung JV
• General Motors Co
• Hyundai Kia Group JV
• Zentropy
• EmVcon
• CT&T United
• Ioniq Inc.
• Jinwoo SMC