QUOTE(lowpro @ Apr 9 2024, 08:27 AM)
I think the key barriers to EV entry are:
1. Charging time and facilities
2. Range
3. Battery replacement/technology
4. The all-time Malaysian illness of resale value
If manufacturers can somehow give some form of assurance or progress for the 1st 2, the 4th should probably be an easier hurdle to overcome. The 3rd has somewhat been addressed with provision of longer warranties and also 1-to-1 replacements for failures etc.
It is a bit of chicken and egg thing with charging time and facilities. government can aspire all it wants but it is the private sector that will take the lead
https://soyacincau.com/2024/03/13/governmen...rgers-malaysia/So enticing the property and business owner, investor, financiers to do it with incentives and reducing redtapes in approving the installation is actually the real barriers.
Because AFAIK, many businesses are still unaware of Low Carbon Mobility Blueprint 2021-2030 whereby Companies that contribute to building EV infrastructure in Malaysia will benefit from government incentives, such as tax breaks
Range is ever growing , in itself I think it will becomes less of a barriers, e.g. range of Nissan Leaf and Mazda MX30 becomes uncompetitive in the like of MG4 and BYD , so you want more range you can decide to buy more range equipped one, market force shall determine who is the winner and who is not.
Battery replacement cost is very alike with solar panel cost, it is coming down fast, thanks to price wars too
https://cnevpost.com/2024/01/17/battery-pri...byd-costs-down/RV? If it comes down to that, I don't know what to say, is Second hand ICE cars holding up, good? Would that be true for 3 years or 5 years from now? EV used car may not be good but they are the flashier new technology , so if it comes down to making the choice, I would be more hesitant to buy a new ICE cars than an EV
I actually like Chery, incentives brand loyalty by offering something like this
https://www.carlist.my/news/chery-to-chery-...-135319/135319/They deserve to be applauded because AFAIk, GWM has not follow suit
This post has been edited by EnergyAnalyst: Apr 10 2024, 08:59 AM