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Malaysian EV sales surpass hybrids as market shifts

Created at 21 Jul · 11:00 AM1 source↑ Market-relevant
IN SHORT

Electric vehicle sales in Malaysia more than doubled in the first half of 2026, overtaking hybrid vehicles for the first time. This surge has prompted an increase in the local auto industry's full-year forecast.

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Key Numbers

46,403 unitsEV, hybrid, BEV units sold in Malaysia in 2024
35,723 unitsEV, hybrid, BEV units sold in Malaysia in 2023
816,747 unitsTotal new car sales in Malaysia in 2024
2026Year for EV sales forecast
first half of 2026Period when EV sales overtook hybrids

Who's Involved

Proton
Automaker whose e.MAS models contributed to EV sales surge
Liew Chin Tong
Malaysia's Deputy International Trade and Industry Minister
Dr Siti Mastura Muhammad
Member of Parliament who asked about automotive policy
Ministry of Investment, Trade and Industry
Conducting mid-term review of NAP 2020
Malaysia Automotive, Robotics and IoT Institute
Involved in NAP 2020 review
Malaysian EV sales surpass hybrids as market shifts

↳ Why This Matters

Malaysia's automotive market is undergoing a significant transition towards electrification, driven by increased EV sales and government policy. This shift indicates growing consumer acceptance of EVs and supports the nation's ambition to become a regional automotive hub.

Key facts

  • Malaysian electric vehicle sales more than doubled in the first half of 2026.
  • EVs have overtaken hybrid vehicles in sales for the first time in Malaysia.
  • The surge in EV demand has led to an increased full-year forecast for the auto industry.
  • Total EV, hybrid, and battery electric vehicle units sold in Malaysia in 2024 were 46,403.
  • New car sales in Malaysia reached 816,747 units in 2024, a record high.
  • The National Automotive Policy (NAP) 2020 is being reviewed to include new technologies.

Electric vehicle sales in Malaysia have more than doubled in the first half of 2026, surpassing hybrid vehicles for the first time. This significant shift in consumer preference has prompted an upward revision of the local auto industry's full-year sales forecast.

In 2024, a total of 46,403 electric, hybrid, and battery electric vehicles were sold in Malaysia, an increase from 35,723 units in the previous year. Malaysia's Deputy International Trade and Industry Minister Liew Chin Tong attributed the rise in EV sales, particularly battery electric vehicles (BEVs), to the ongoing development of charging infrastructure across the country. He also noted that total new car sales in Malaysia reached a record 816,747 units in 2024, positioning the country second in the ASEAN passenger vehicle market.

The National Automotive Policy (NAP) 2020 is currently undergoing an in-depth mid-term review by the Ministry of Investment, Trade and Industry and the Malaysia Automotive, Robotics and IoT Institute. This review aims to incorporate new technologies, including EVs and energy-efficient vehicles, and ensure the policy aligns with market needs and global technological advancements. The goal of NAP 2020 is to establish Malaysia as a technology and innovation-driven regional automotive hub.

Frequently asked questions

EV sales surpassed hybrid sales in Malaysia for the first time in the first half of 2026.

A total of 46,403 EV, hybrid, and battery electric vehicle units were sold in Malaysia in 2024.

The current automotive policy is the National Automotive Policy (NAP) 2020, which is undergoing a mid-term review.

The development of charging facilities across the country is a key factor supporting the increase in EV sales.

What Happens Next

01The Ministry of Investment, Trade and Industry and the Malaysia Automotive, Robotics and IoT Institute will complete the mid-term review of NAP 2020.
02Further development of charging facilities is expected to support continued EV sales growth.

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Cadence

How It Developed

Total EV, hybrid, and battery electric vehicle sales in Malaysia reached 46,403 units in 2024.
New car sales in Malaysia in 2024 surpassed 800,000 units for the first time.
Malaysia's Deputy International Trade and Industry Minister Liew Chin Tong stated that EV sales are supported by the development of charging facilities.
The National Automotive Policy (NAP) 2020 is undergoing a mid-term review to incorporate new technologies like EVs.
Electric vehicle sales in Malaysia more than doubled in the first half of 2026, surpassing hybrids.
The increase in EV sales has led to a higher full-year forecast for the local auto industry.

Sources

T1
Malaysian electric vehicle sales overtake hybrids as market shiftsNikkei Asia
T2
Nearly 47,000 EV, hybrid, battery EV units sold in Malaysia in 2024straitstimes.com

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