On the electricity demand in relation to rise of electric vehicles in malaysia
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Date
2018-06
Authors
Yeap, Yi Ling
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Abstract
The demand for electric vehicles is increasing rapidly in advanced countries due
to various factors. With increasing number of fully electric or plug-in hybrid vehicles,
a study is done on the demand for electricity in relation to rise of electric vehicles. The
strategic green technology implementation to overcome potential challenges in
Malaysia is also identified.
A quantitative of correlation method is used to research the key factors affecting
the number of electric vehicles against the electricity demand in Malaysia. This research
mainly is to indicate the relationship between the factors affecting number of electric
vehicles and electricity demand. The trend of the global market for electric vehicles is
studied and a regression method is used to determine the future projection modelling of
electric vehicles.
The successful implementation of electric vehicles will also require strategic
directions that are practicable and achievable. This research identifies strategic thrusts,
in line with the National Green Technology Policy where Government's intervention is
essential to drive changes in order to create conducive ecosystems for the development
of electric vehicles (EV). This research recognises the strengths and weaknesses in the
existing system, and provides action points for the relevant Government entities and/or
private sector to act on.
This research is essential for Malaysia to be prepared to face the phenomenon
that could take our nation by storm. The strategic directions to overcome challenges that
are considered in this research encompass several aspects which will need to work in
tandem.