article thumbnail

Tesla Malaysia to start selling cars by the end of the month

Teslarati

Tesla recently launched an official Instagram account for its Malaysia branch. Tesla Malaysia announced that car sales would start by the end of the month. Tesla Malaysia released a teaser, stating that car sales for the company would start by Friday, July 7, 2023. The Teslarati team would appreciate hearing from you.

Malaysia 111
article thumbnail

Tesla executive sees potential growth in Southeast Asia

Teslarati

Tesla executive Rohan Patel pointed out Southeast Asia’s potential as a place for growth in battery storage and electric vehicle adoption. He recently congratulated a new Model Y owner in Malaysia on his new Tesla vehicle. Tesla Malaysia recently started delivering Model Y units to reservation holders.

Asia 124
article thumbnail

Thailand’s EV industry growing rapidly

Green Car Congress

The ASEAN member states are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Electric vehicle battery production is growing in Thailand, with manufacturing plants operated by SAIC, Honda, Toyota and a recently announced Mercedes production facility.

article thumbnail

Nissan, Frost & Sullivan study finds 37% of Southeast Asian consumers open to buying EV

Green Car Congress

Along with the release of the study, Nissan announced that the new LEAF will go on sale in seven markets in Asia and Oceania during the next fiscal year: Australia, Hong Kong, Malaysia, New Zealand, Singapore, South Korea and Thailand. Three in four respondents said they were ready to switch to electric vehicles if taxes were waived.

Nissan 210
article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

In addition, the tax rate for pure electric vehicles in Thailand was reduced from 8% to 2% in June this year. With regular government subsidy practices, solid tax adjustments, and transparent plans, this series of actions gives Chinese car companies a familiar smell. That is an unexplored continent that needs to be tapped.

Asia 97
article thumbnail

The Global Outlook of Electric Vehicles

Blink Charging

However, there are still challenges ahead, most notably with procuring the raw materials needed for battery production. Manufacturer challenges On the manufacturing side, global demand for EV batteries doubled in 2021, driven largely by China’s EV sales. Who are the top countries for EV adoption?

article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth.