EON : Malaysian EV market could hit 2% by year-end

Proton e.MAS 7 electric SUV

BENTONG: DRB-Hicom Bhd’s subsidiary, Edaran Otomobil Nasional Bhd (EON), expects Malaysian electric vehicle (EV) market penetration to reach up to two per cent by year-end, driven by the launch of additional EV models.

Edaran Otomobil Nasional Bhd’s chief executive officer Akkbar Danial said the local EV market penetration had already reached approximately 1.5 per cent as of June 2024.