Stakeholders’ Readiness and Preferences in Embracing EV Industry in Malaysia

Abstract

The Electrical Vehicle (EV) industry has been introduced to Malaysia for more than a decade. The main idea of this industry is to encourage the usage of EV that runs on renewable energy resources where electricity is used as the fuelling power as opposed to the conventional fossil fuel. This will lead to the reduced of carbon print, greener environment, and sustainable living. Using generic qualitative inquiry, the study has conducted semi-structured interviews with specific stakeholders throughout 2021. The results gathered show that both potential and existing stakeholders concurred in the importance of government policies especially on matters pertaining tax and subsidies for the industry. Overall, the stakeholders agreed that changing to EV is a good move in preserving the environment.