Malaysia’s Automotive Policy to Focus on Electric Vehicles in 2014

JAN 15 2014 BY ERIC LOVEDAY 3

Malaysia

Malaysia

The National Automotive Policy of Malaysia is expected to heavily focus on plug-in vehicles in 2014.

Nissan LEAF in Malaysia

Nissan LEAF in Malaysia

EVs fit into what the Malaysian government calls the Energy Efficient Vehicle segment.  That segment will see an influx of money throughout 2014, but most of the spending within the segment will be on plug-ins.

As The Star reports:

“Industry players hope to benefit from the Government’s funding for the EVs following significant success in the hybrid car segment.”

This would imply that automakers hope to take advantage of government funding for EVs, but that might not be the case.  The Star quotes an anonymous industry leader as saying the following:

“Unfortunately, there has been no automobile-related matters mentioned in the 2013 and 2014 Budgets tabled by Prime Minister Datuk Seri Najib Tun Razak.”

“This has led to industry talk over the future of the automobile industry particularly on the Government’s policy on hybrid cars. Nonetheless, sales of hybrid cars are picking up in the country.”

But there’s still a positive outlook for EVs in Malaysia.  Deputy International Trade and Industry Minister Datuk Hamim Samuri says that the future for EVs is bright and believes that plug-ins will be the way that Government meets it target of reducing CO2 emissions by 40% by 2020.

Quoting Hamim:

“The potential for EVs is very bright. We already have the technology, what we have to do now is to improve the re-charging of electric vehicles’ batteries.”

Source: The Star

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3 Comments on "Malaysia’s Automotive Policy to Focus on Electric Vehicles in 2014"

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Claymation and Indonesia dropped much of their large fossil energy subsidies recently, so boosting replacements only makes sense. Indonesia has some excitement in its market for EVs, with upstarts recently hoping to make their own industry. It seems everyone is waiting to get off the sauce and onto a more flexible, intelligent, and clean energy carrier.

Smaller land masses, in Malaysia, don’t exactly have LNG ports. I wouldn’t pretend to know how they power, but diesel fired electricity in HI and PR for instance, are hallmarks of the way islands role. Any nukes in Malaysia? Domestic mining? Otherwise equivalent $$ kwh rates tend toward a minimum of 30-40 cents, where at least a U.S. gasoline price achieves parity. Japan pays 3 times what we do for natural gas, so it may indeed be environmental mandates, with a little help from wind and solar, that drive adoption.

This all just reaffirms how $$ crazy many Americans are to choose gasoline. I gave someone a point to a Dominion program, yesterday, evidentally having a “super” off-peak 1-5am rate of $.017/kwh, including transmission. That makes electricity 1/20th the price of gas, per mile. Duh.

Cheap Australian coal.