KUALA LUMPUR, June 30 — The Road Transportation Department’s (JPJ) automobile registration database has been up to date, and it offers electrical automobile (EV) registration figures as much as thirty first May 2024. Since the earlier replace, May was a file excessive month for EVs in Malaysia this 12 months with 2,453 models registered, representing 3.32 per cent of whole automobile registrations.
Last month, BYD dominated the highest 5 spot with the BYD Seal at no 1 with 581 models, adopted by Atto 3 at quantity two with 333 models and the Dolphin taking fifth place with 131 models. Followed intently is Tesla with the Model Y at third place with 320 models and Model 3 at fourth place with 316 models.
BYD registered 1,045 EVs final month, adopted by Tesla with 636 models. The two manufacturers make up 68.5 per cent of whole EVs registered for May 2024.
The different Chinese-based EV manufacturers equivalent to MG, Chery and GWM are usually not far behind. In May, the MG4 recorded 106 models, adopted by the Chery Omoda E5 with 80 models and GWM Ora (presumably Good Cat and 07) with 68 models. The just lately launched BMW iX2 had additionally made a splash with 67 models registered, whereas the Lotus Eletre remains to be among the many high 10 fashions with 57 models registered final month.
The listing continues with BMW electrical sedans, the i4 and i5 having 45 and 39 models registered. Meanwhile, the Smart #1, Hyundai Ioniq 6 and Volvo C40, had 37 registrations every.
Top 15 EV fashions between January to May 2024
If we take a look at the general EV registration knowledge for January to May 2024, SUVs stay the highest favourites adopted by sedans. The Tesla Model Y remains to be No.1 with 1,458 registrations 12 months so far (YTD), and it’s adopted very intently by the BYD Atto 3 with 1,451 registrations. The listing continues with the BYD Seal which recorded 1,421 registrations and the Tesla Model 3 with 1,178 registrations.
The largest leap we’ve seen is the MG4 which is now tied with the BMW i5 with 145 models registered this 12 months. Ultra-premium EVs just like the Porsche Taycan and Lotus Electre are nonetheless on the listing with 140 models and 137 models registered respectively.
EVs overtook petrol hybrids for automobile registration in May 2024
If we take a look at the month-to-month registration figures, it appears that evidently EV adoption is rising steadily in Malaysia. In January, whole EV registrations in Malaysia have been at 2.00 per cent (1,403 models) of whole automobile registrations and it rose to three.32 per cent (2,453) in May.
It can be attention-grabbing to spotlight that EV registrations have overtaken hybrid automobiles final month. 1,870 petrol hybrids have been registered versus 2,453 EVs registered in May 2024.
Overall, petrol automobiles nonetheless dominate in Malaysia with about 88 per cent market share, adopted by diesel (together with inexperienced diesel) at 6.5 per cent. With the present trajectory, it might be attention-grabbing to see if EVs would overtake hybrid automobiles for the complete 12 months.
The authorities’s ongoing plan to rationalise gas subsidies is anticipated to have an effect on the acquisition choices of recent automotive consumers.
Economy Minister Rafizi Ramli just lately talked about in an interview a couple of ‘petrol shock’ following the majority diesel subsidy abolition. However, Prime Minister Anwar Ibrahim had downplayed the assertion saying that the federal government has but to determine on RON95 petrol subsidy rationalisation.
On high of that, the brand new EV street tax construction launched by the Ministry of Transport would additionally assist deal with the price considerations of proudly owning an EV. At the second, street tax for EVs are exempted till thirty first December 2025.
An all-electric model enters Malaysia’s Top 10 for the primary time
As talked about beforehand, BYD, a model with simply three EV fashions, is now a high 10 model for automobile registrations in Malaysia. The Chinese automaker has recorded a complete of three,608 models registered 2024 YTD. As a comparability, 2,642 Tesla EVs have been registered throughout the identical interval.
To be taught extra, you possibly can try the Vehicle Registration dashboard on Data.gov.my. They have just lately up to date the portal to permit customers to check registrations between manufacturers and fashions. — eNM
