Malaysia’s EV Dilemma: Why the Electric Revolution Isn’t Sparking Here Here’s a paradox: Across Southeast Asia, electric vehicles are accelerating. Singapore’s EV adoption rate hit 20% in 2025. Vietnam’s EV startups are booming. Thailand and Indonesia are slashing taxes to fuel the shift. Yet Malaysia sits in neutral. Petrol prices have climbed steadily since 2024, yet EV sales remain flat. What’s holding this nation back while its neighbors charge ahead? The Fuel Price Paradox You’d think higher petrol prices would naturally push consumers toward EVs. In Singapore, where a gallon of gas now costs over $3.50, EVs account for (Read more…)
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