10,663 EVs were registered in Malaysia between Jan to June 2024, a 141.8% increase from 4,409 units in H1 2023. Here are the top 15 EV models in Malaysia.
from the same period last year which recorded 4,409 registrations. As a reference, a total of 13,301 EVs were registered for the full year of 2023.Chery Omoda E5which recorded 71 registrations. This is followed by GWM Ora with 64 units and the Hyundai Ioniq 6 made a surprise appearance on the Top 15 list with 63 units registered.
The iX2 seems to be the most popular BMW EV at the moment, taking 10th place with 48 units registered last month. This is followed by the Smart #1 with 43 units, BMW i5 with 34 units and the Neta V with 33 units. Electric hypercar,Top 15 EV models in Malaysia For the first 6 months of the year, BYD and Tesla continue to dominate the top 5 models with the likes of the BYD Seal, Tesla Model Y, BYD Atto 3, Tesla Model 3 and BYD Dolphin. The other Chinese or Chinese-backed EVs such as the Omoda E5, Smart #1, GWM Ora and MG4 are also gaining traction with each brand having registered over 200 units this year so far.With the rise of affordable Chinese EV brands, we are seeing a decline in EV registration from the other traditional continental brands.
Overall, there is a slow and steady increase in EV registrations which recorded just 0.42% in 2022 and 1.60% in 2023 of the total vehicle registration volume. For this year to date, EVs have recorded 2.60% of total vehicle registrations. Based on the current progress, Malaysia is still far from achieving its 15% of total industry volume EV target by 2030.
At the moment, the government continues to provide tax breaks for fully imported EVs and road tax waivers until the end of 2025. However, affordable fully imported EV options are still limited due to the current, a purported rebadge of the Geely Galaxy E5, is expected to be priced above RM100,000. Meanwhile, Perodua is only expected to release its
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