Electric Vehicles
Electric Vehicles - Evolution of mobility
- Lower running cost
As prices of fuel are at an all-time high, fuel-based vehicles can burn a hole in your pocket. Electric vehicles, on the other hand, run on electricity, meaning no fuel bills. Electricity is much cheaper than gasoline.
- No emissions
As electric vehicles run on electricity, they are 100 percent eco-friendly. They do not emit any toxic gases and thus contribute to a healthy and green climate.
- Low maintenance
The maintenance cost of electric vehicles is less as they are driven by electric motors. So, there is no need to send the vehicle to the service station for tons of maintenance tasks associated with a gas engine.
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Electric Vehicles in Malaysia
As the global automotive industry is undergoing a paradigm shift to switch to alternative sources of energy, Malaysia is also heading towards electric mobility. Being a developing nation, the country foresees the potential of electric vehicles. The government recently announced initiatives relating to electric vehicles that support the development of the local EV industry. As per that, EVs will soon benefit from the complete exemption of import duty, excise duty, sales tax along with a 100% road tax exemption. Not only that, but also there will be an income tax relief on the cost of purchasing and installing, or subscription payments of EV charging facilities.
The sale of electrified vehicles, including hybrid, plug-in hybrid, and pure-electric, is growing in the country. Honda Malaysia has achieved milestones in domestic manufacturing of hybrid models with Jazz Hybrid, City Hybrid, and City Hybrid. BMW Malaysia Sdn Bhd is also contributing significantly in the premium EV segment with its hybrid models. It also introduced two pure EVs in the market recently viz BMW iX and iX3.
The national automaker Proton has already showcased its electric vehicle prototype named Proton Iriz EV in 2015, while Perodua is also involved in research on electric and hybrid vehicles and in talks with its partner Daihatsu regarding this.
Local startups like Eclimo are also contributing towards green mobility by manufacturing electric motorcycles and lithium-ion batteries. A Singapore-based firm, Oyika, is also playing an important role in providing a battery swap facility for electric bikes. MyKar has signed the MOA with the MARii (Malaysia Automotive, Robotics, and IoT Institute) for conducting testing and designing EVs. MGTC is providing the charging station solution throughout Malaysia. As of 2020, almost 300 charging stations are available in Malaysia concentrated near Klang Valley.
An electric vehicle runs on an electric motor. It is seen as a replacement for current-gen automobiles which are powered by internal combustion engines.
You can charge electric vehicles at home as well as at any public charging station. It can be done in just 30 minutes or may take as long as a half-day, depending on the size of the battery and the type of charger you are using.
Because they do not emit climate-damaging greenhouse gases and are quiet.
Each wheel or each set of wheels of an electric vehicle has separate motors that produce high torque instantaneously, thus it can climb steep mountains conveniently.
Upcoming electric vehicles in Malaysia include Hyundai Kona Electric, BMW i4, and MG ZS EV.
A few limitations of electric vehicles include the shorter drive range and speed, and the high cost of installing a charging station at home.
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