PETALING JAYA: The automotive market continues to be transformed, spurred by the introduction of Chinese electric vehicle (EV) marques as well as the launch of EVs from domestic carmakers. According to BIMB Research, EV registrations rose 25% month-on-month to 5,417 units, driven by accelerated deliveries from Tesla, BYD and Proton. The research house noted that EVs now comprise 4.7% of the market. However, the research house said ongoing launches of new models and rollouts of EVs by national automotive firms should continue to support baseline demand. The research house said it expects a gradual transition in demand for EVs, supported by tax exemptions up until 2027 for locally assembled units.

Source: The Star December 24, 2025 11:05 UTC