The Ministry of Investment, Trade, and Industry (MITI) has revealed that electric-powered vehicles (xEV) sales in Malaysia has increased by 30.4% in 2024 as compared to the previous year.
As reported by The Star, MITI Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said that there were a total of 46,239 xEVs sold last year – comprising hybrid, plug-in hybrid, battery electric vehicles (BEV), and fuel cell electric vehicles (FCEV) – which makes up 5% of the total number of passenger vehicles registered.
“Based on the 2023-2024 trends, the government expects the cumulative number of xEVs on the road to reach at least 400,000 passenger and commercial vehicles by 2030,” Zafrul said in a written parliamentary response to Stampin MP Chong Chieng Jen, who questioned about the government’s plans to promote EV usage and targets.
Zafrul adds that the government is targeting for passenger and commercial xEV to make up 20% of vehicle sales in 2030, increasing to 50% of vehicles in 2040, and 80% in 2050.
In a separate response to Tebrau MP Jimmy Puah Wee Tse, Zafrul says that the total xEV registrations in Malaysia currently stands at 119,000 units as of December 31, 2024. He also reaffirmed the nation’s goal of having 10,000 EV charging facilities by 2025, which will consist of 8,500 AC chargers and 1,500 DC chargers.
As of the time of writing, there are 3,611 EV chargers currently available for public use in Malaysia, according to PLANMalaysia’s MEVNET dashboard. Of that number, 2,516 are AC chargers and 1,095 being DC fast chargers.
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