Incentive for electric motorcycles misses the mark

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Most electric motorcycles should be around ‘kapcai’ prices of about RM5,000 in order for people to make the switch from combustion engines.

The motorcycle sector was one of the most under-considered environmental elements of the 2024 budget tabled by Prime Minister Anwar Ibrahim last Friday.

Malaysia is not the only motorcycle-dense country finding it hard to decarbonise in that area. So far, China is the only country in the world where electric motorcycles outsell the combustion variety. “Basically, electric motorcycle prices should be around the prices of underbone motorcycles before incentives are realistic,” he said.

In contrast, an electric motorcycle would do a top speed of 100 km/h for perhaps one hour before its battery is depleted.Che Wan Azuar, president of the Super Bikers Club of Malaysia, says most electric motorcycles should be around the “kapcai” price of about RM5,000 to be more realistic if someone wants to use the bike for work.

Finally, there is one Malaysian Tier 1 automotive vendor which could have found a way for the domestic motorcycle industry to transition to decarbonisation.Following the paths led by China, India and Vietnam, the concept is to sell an electric motorcycle separately from the battery, which makes sense because the battery costs about half the price of the motorcycle.

China has been a frontrunner in the adoption of electric motorcycles. These policies have led to Chinese manufacturers dominating the global market.

 

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