Perodua to announce EV roadmap in 2022 – forecasts only 5% electric vehicle adoption in Malaysia by 2030

Perodua to announce EV roadmap in 2022 – forecasts only 5% electric vehicle adoption in Malaysia by 2030

In the the 12th Malaysia Plan (RMK-12) that was revealed in September 2021, prime minister Datuk Seri Ismail Sabri Yaakob said that Malaysia aims to be a carbon-neutral country by 2050. “Other details for carbon reduction measures will be announced after the strategic long-term review of the low-carbon development strategies has been finalised by the end of 2022,” he said then.

Without a doubt, electric vehicles (EVs) will be part of the grand plan, with a switch from internal combustion engines to batteries and electric motors expected to reduce carbon emissions, especially when paired with cleaner electricity generation. That means gas power plants and other renewable sources in place of coal-fired ones, among other measures.

The government recently got the EV ball rolling by unveiling import and excise duty exemption for CBU EVs, valid till end-2023. Sales tax is also exempted till 2025 for CKD electric cars, which policymakers desire to see. But for EVs to truly go mainstream, the big local players will need to be onboard.

Perodua to announce EV roadmap in 2022 – forecasts only 5% electric vehicle adoption in Malaysia by 2030

Market leader Perodua has already been approached and planning is underway, company president and CEO Datuk Zainal Abidin Ahmad revealed in today’s 2022 outlook media conference.

“We are now studying together with our partner (Daihatsu). We understand the requirements and targets by the government – they’re talking about carbon neutrality by 2050. In fact, they’ve asked us, based on the recent COP26, if they can expedite further to 2040.

“The government is targeting that by 2030, 15% of the TIV (total industry volume) will be EVs. We realise this, we’re making plans, and hopefully we can make an announcement very soon. Within this year, we will make an announcement on our future EV roadmap plan,” Zainal declared.

However, Perodua’s vision for the auto landscape in Malaysia differs significantly from the government’s. The market leader is expecting only 5% of TIV to be full EVs come 2030, compared to the government’s 15%.

Perodua to announce EV roadmap in 2022 – forecasts only 5% electric vehicle adoption in Malaysia by 2030

“The 2030 TIV, they are looking at, if I’m not mistaken, beyond 700k – 700k to 725k. If u ask me about our vision and target, we’re looking at about 40% of that, and our volume will be beyond 320k, 320k to 325k. The government is forecasting that then, there will be about 15% of EVs, but based on Perodua’s internal studies, by 2030 I think the number will be around 5% and not 15%. This is what we think based on our current studies and the current development,” Zainal said.

Time will tell if it’s closer to 5% or 15%, but in any case, a future Perodua electric car will be affordable. That’s a non-negotiable point.

“We are not like other OEMs where they introduce electric cars because of technology or the environment. Perodua has one more priority, which is affordable. Affordable because we want to give Malaysians mobility, we want to let Malaysians enjoy this new technology. This study is basically how to make electrification affordable to Malaysians,” the P2 chief added.

Perodua to announce EV roadmap in 2022 – forecasts only 5% electric vehicle adoption in Malaysia by 2030

To make EVs affordable for the masses, an “all of Malaysia” approach with collaboration between different players is vital, as no single party can shoulder the full burden.

“Collaboration with the others is very important. For example, if Perodua wants to do it all, product plus infrastructure, the investment is going to be huge. There should be a standard in the country regarding charging stations, there must be somebody who is willing to invest in the development of infrastructure – charging stations, meeting the grid requirements and all that. And we will come up with the product. If this kind of collaboration happens, I believe Malaysians can enjoy affordable EVs,” Zainal explained.

So, if Perodua is expecting only 5% of new cars sold in 2030 to be full EVs, what will be the majority from now till then? Probably this.

Looking to sell your car? Sell it with Carro.

Certified Pre-Owned - 1 Year Warranty

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • Rennie Khoo on Jan 26, 2022 at 11:26 pm

    If their target is affordability, it’s not going to be achieved with their Japanese partner since the Japanese are way behind in the EV Tech and is downright uncompetitive now! It’s a no brainer that working with a Chinese partner is the only way to fastrack to that affordability target!

    Like or Dislike: Thumb up 13 Thumb down 12
    • newme on Jan 27, 2022 at 12:37 pm

      Just because Japan do not focus into EV does not mean they are behind in EV tech. They have all the tech at their disposal. The problem with them is they reluctant to commercialize their tech.

      Like or Dislike: Thumb up 11 Thumb down 4
      • no the Japanese are behind in EV tech. Just like how Japanese are behind in smart phone era and internet era.

        they were good in 80s and 90s. only.

        they have lose 30 years. and now the results are showing.

        Like or Dislike: Thumb up 3 Thumb down 0
  • drMpower on Jan 27, 2022 at 12:32 am

    this guy played all the cards very well
    but we cant expect him, ceo of a subsidiary to the subsidiary of toyota, considering toyoda himself said not to follow these EV maps blindly

    Like or Dislike: Thumb up 6 Thumb down 0
  • Quasar on Jan 27, 2022 at 7:13 am

    Among EVs, hybrids likely will form majority of cars sold once standard combustion only engines are slowly phased out, followed by PHEV and then full EVs. Key concern most Malaysians will have will be range anxiety especially for those not in central urban areas plus charging time. Hybrids and PHEVs are suitably targeted to address this concern differently.

    Like or Dislike: Thumb up 8 Thumb down 1
  • Let’s start with HEV first, Ativa Hybrid perhaps.

    Like or Dislike: Thumb up 11 Thumb down 0
  • New EV is expensive. No assurance of at least same maintenance cost against fuel cars. Charging take long time. Less charging stations available. Malaysia government’s inconsistent policy. Policy may change anytime after government change.

    Like or Dislike: Thumb up 10 Thumb down 1
  • P2 roadmap is this
    https://paultan.org/2022/01/25/daihatsu-rocky-e-smart-hybrid-recalled-for-ecu-fault/

    All kena recall, recall, recall, recall… habes spend time in wokshop je.

    Like or Dislike: Thumb up 4 Thumb down 5
    • Sick & Tired on Jan 28, 2022 at 9:18 am

      https://paultan.org/2016/02/16/proton-recalls-suprima-s-preve-exora-cfe-powered-variants-equipped-with-faulty-oil-cooler-hoses/

      There is no 100% perfect auto manufacturer in this world.

      Like or Dislike: Thumb up 2 Thumb down 3
      • English Teacher on Jan 29, 2022 at 12:37 pm

        This article is talking about the failures of electrified Daihatsu/P2 cars here. Stick to the topic.

        Like or Dislike: Thumb up 1 Thumb down 5
        • English Professor on Jan 29, 2022 at 8:16 pm

          This article is actually about Perodua’s proposed EV roadmap with some help from Daihatsu, not about failures or recalls.

          Like or Dislike: Thumb up 5 Thumb down 1
          • Lolwhut? on Feb 07, 2022 at 11:24 am

            So what’s it got to do with oil cooler hoses? Stupid to link it isn’t it?

            Like or Dislike: Thumb up 0 Thumb down 0
  • Mr. Sotong on Jan 27, 2022 at 12:05 pm

    Petronas must look into investing in the development and manufacturing of ev batteries now.

    Like or Dislike: Thumb up 2 Thumb down 1
    • 1 country dominated the ev batteries industry.

      it was in the plan since 20 years ago, when the japanese and germans were still dreaming with their GTR and M3

      Like or Dislike: Thumb up 2 Thumb down 0
  • Bob Mal on Jan 27, 2022 at 1:04 pm

    Well guess so since Malaysia still wants to protect their so called … suppliers while Thailand already said if EV was in place half of all those outdated suppliers will not be needed and we guess what cant wait for all to dump their old tech to Malaysia again while others are progressing.

    Like or Dislike: Thumb up 3 Thumb down 1
  • Bieight8 on Jan 27, 2022 at 5:08 pm

    Don’t think will reach 5% by then….

    Like or Dislike: Thumb up 0 Thumb down 0
  • MUHAMMAD SHAHRUDDIN on Feb 06, 2022 at 4:31 pm

    Dear Perodua, don’t waste your time and money to go hybrid and then full EV. Should spend the resources to quickly roll out full EV a.s.a.p. By 2030, don’t be surprised when the EV surpasses the government target of 15%. This is technology shift which has all the drives to happen faster than most industry players anticipated. Start looking for the right technology partners for the inevitable shift to EV. Unfortunately, your current partner lacks the enthusiasm on electrification shifts. Learn from what happened to KODAK…

    Like or Dislike: Thumb up 4 Thumb down 0
  • Rennie Bin Abdul Ghani on Aug 07, 2022 at 7:48 am

    Another way to legalize EV conversion from ICE, it is inevitable and should be looked at seriously by Gomen….this will significantly extend life of an ICE cars not to mention gives skill to Malaysians and solve the overcrowded cars market on Malaysia and finally STOP other manufacturers dumping ICE in Malaysia by 2030

    Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required