electric

Experts tell who benefits from govt’s electric vehicle incentives






© Provided by MalaysiaNow


The government’s announcement in the 2022 budget on the giving of incentives to electric vehicle (EV) owners does not mean that the price of such cars will drop to the point that they become affordable for all segments of society, experts in the automotive industry say.

Speaking to MalaysiaNow, they said while prices might go down, they would still top hundreds of thousands of ringgit, making EVs accessible only to the rich.

They also said that the government’s intention in announcing the incentives was to help industry players given the lacklustre sale of EVs in the country.

Chips Yap said the new technology used in the production of EVs is what makes them more expensive than traditional cars which run on fuel.

He said car manufacturers have spent billions of ringgit on research and development and are still unable to raise investment capital.

“It’s not the

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Electric Automobile

Car & Automotive,automotive industry,Car & Mechanical,Car & Classic,motorcycleTransport infrastructure consists of the fixed installations, together with roads , railways , airways , waterways , canals and pipelines and terminals comparable to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and gas stations ) and seaports Terminals may be used each for interchange of passengers and cargo and for maintenance. As soon as ultimate assembly is complete, the automobile is loaded onto a truck or a prepare to be delivered to a brand new car supplier. The automobile is readied for the lot by dealership workers who place wheel covers and ground mats in the new car, as well as wash and clean the car to provide an excellent impression to prospective buyers. Salesmen, hold crucial auto industry jobs and provide customers data and accompany them on a test drive earlier than completing the preliminary buyer’s contract to … Read More

Can the Automotive Industry Adapt Fast Enough for an Electric Future?

By Sarah Watts

Twenty years ago, you had a better chance of seeing an electric car on an episode of The Jetsons than you did in real life.

Today, however, electric cars are inching closer to the mainstream, with 5.4 million hybrid vehicles sold since the Honda Insight debuted in 1999 and over 1.4 million plug-in electric cars sold since 2010. Electric vehicles are poised to explode in the next several years: General Motors, Mercedes, Mazda, Nissan, BMW, Ford, and several other carmakers have pledged to either invest billions in manufacturing electric vehicles (EV) or to roll out multiple all-electric models of their own. And in response to the burgeoning climate change crisis, California Governor Gavin Newsom recently issued an executive order to phase out gasoline-powered cars by 2035.

“The transition to electric has already started, and it will accelerate in the next fifteen years due to a number of

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What you need to know about electric vehicles as President Biden, automakers announce EV goals

Gas will be out of gas if President Biden has his way.

The White House on Thursday announced a goal of making half of all new cars, trucks and SUVs sold in the U.S. zero-emission vehicles by 2030, including battery-powered electric vehicles and hydrogen fuel cell cars.

The goal drew support from the automotive industry’s largest players, including General Motors, Ford, Toyota, Honda, Volkswagen and Stellantis, the company formerly known as Fiat Chrysler. Supporters of Biden’s electric vehicle plan manufacture and sell the world’s most popular gas-powered vehicles, from the Ford F-150 pickup to the Toyota RAV4 SUV and the Honda Accord sedan.

Biden promoted the transition from gas to electric vehicles as crucial to combating climate change, which is worsened by emissions from internal combustion engine (ICE) vehicles.

But getting from here to there will take years and involves numerous challenges.

► Charging access poses hurdle: More electric

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