Malaysia Electric Motorcycle Market (2026-2032) | Companies, Forecast, Trends, Industry, Segmentation, Size & Revenue, Growth, Analysis, Share, Value, Competitive Landscape, Outlook

Market Forecast By Drive Type (Belt Drive, Chain Drive, Hub Motor), By End-Use (Personal, Commercial), By Battery Type (Lithium-ion, Lead Acid) And Competitive Landscape

Product Code: ETC8126391 Publication Date: Sep 2024 Updated Date: Jan 2026 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Malaysia Electric Motorcycle Market Growth Rate

According to 6Wresearch internal database and industry insights, the Malaysia Electric Motorcycle Market is growing at a compound annual growth rate (CAGR) of 8.23% during the forecast period (2026-2032).

Five-Years Growth Trajectory of the Malaysia Electric Motorcycle Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Years Est. Annual Growth in % Growth Drivers
2021 6.2% Increased government initiatives to promote electric vehicles (EVs).
2022 6.5% Rising fuel prices and growing consumer interest in eco-friendly transportation.
2023 7% Expansion of EV charging infrastructure and incentives for EV adoption.
2024 7.5% Improving battery technology, resulting in longer ranges for electric motorcycles.
2025 7.9% Adoption of electric motorcycles in urban areas due to rising awareness and affordability.

Topics Covered in the Malaysia Electric Motorcycle Market Report

The Malaysia Electric Motorcycle Market report thoroughly covers the market by drive type, end-use, battery type, and government regulations. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.

Malaysia Electric Motorcycle Market Highlights

Report Name Malaysia Electric Motorcycle Market
Forecast Period 2026-2032
CAGR 8.23%
Growing Sector Personal End-Use

Malaysia Electric Motorcycle Market Synopsis

The Malaysia Electric Motorcycle Market is projected to witness significant growth owing to the government's initiatives to promote e-mobility, the hike in fuel prices, and the growing concern for the environment to be among the main reasons. The increasing demand for green transportation, notably in cities, has been a major driver for the market's growth. In addition, the government supporting e-mobility along with the development of battery technology will be the major factors in the market growth of the coming years.

Evaluation of Growth Drivers in the Malaysia Electric Motorcycle Market

Below mentioned are some growth drivers and their impact on market dynamics:

Drivers Primary Segments Affected Why It Matters
Government Support & Incentives Electric Motorcycle Sales, Charging Infrastructure Boosts adoption with policy support and subsidies.
Fuel Price Volatility Personal Electric Motorcycles Increasing fuel costs drive demand for electric alternatives.
Advancements in Battery Technology Battery Type (Lithium-ion, Lead Acid), Range Makes high performance, increasing consumer confidence.
Eco-Conscious Consumer Trends End-Use (Personal, Commercial) More demand for sustainable, zero-emission options.
Expansion of Charging Networks Charging Infrastructure Supports adoption by improving access to charging stations.

The Malaysia Electric Motorcycle Market is projected to grow rapidly, with a CAGR of 8.23% during the forecast period of 2026-2032. The market growth is fueled by key factors such as government support through tax incentives and subsidies, which encourage the adoption by both manufacturers and consumers. Moreover, growing prices of fuel are also encouraging consumers towards opting for affordable and sustainable EVs in Malaysia. The growing upgrades of technology are increasing the performance and affordability of EVs, additionally fueling industry demand. The demand for zero-emission vehicles is there in the market due to increasing eco-consciousness among consumers. The availability of charging infrastructure across both urban and rural areas is expected to boost market demand.

Evaluation of Restraints in the Malaysia Electric Motorcycle Market

Below mentioned are some major restraints and their influence on market dynamics:

Restraints Primary Segments Affected What This Means
Limited Charging Infrastructure Charging Infrastructure Insufficient charging stations hinder electric motorcycle adoption.
High Initial Purchase Cost Electric Motorcycles, Battery Type More upfront costs deter consumer adoption.
Range Anxiety Battery Type (Lithium-ion, Lead Acid) Less  range concerns restrict widespread use.
Consumer Awareness End-Use (Personal, Commercial) Very low awareness slows market growth.
Regulatory Challenges All Segments Stringent regulations may impede market expansion.

Malaysia Electric Motorcycle Market Challenges

The Malaysia electric motorcycles market encounters numerous hurdles to overcome such as a shortage of charging stations that leads to difficulty in consumers' complete adoption of electric motorbikes. Besides, the increased upfront cost for electric motorcycles compared to gas-powered bikes continues to limit their penetration in the market. Furthermore, worries about the battery's range and lack of knowledge among consumers are some of the contributors to the sluggish growth of the electric bike segment. The compliance-related challenges like setting the standards and getting the approvals may also be a factor that slows down the market entry of electric motorcycles.

Malaysia Electric Motorcycle Market Trends

Some major trends contributing to the development of the Malaysia Electric Motorcycle Market growth are:

  • Increased Government Initiatives: The growing consumer government initiatives towards subsidies and tax incentives are encouraging electric motorcycles growth.
  • Rising Fuel Prices: The rising prices of fuel are encouraging consumers to purchase electric motorcycles.
  • Evolving Charging Infrastructure: The growing network of charging stations is facilitating the adoption of electric motorcycles, particularly in urban areas.

Investment Opportunities in the Malaysia Electric Motorcycle Market

Here are some investment opportunities in the Malaysia Electric Motorcycle Industry:

  • Charging Infrastructure: Investing in EV charging stations supports the widespread adoption of electric motorcycles.
  • Battery Technology: Investment in battery advancements enhances performance and reduces costs for electric motorcycles.
  • E-commerce and Direct Sales Platforms: Online platforms cater to the rising demand for electric motorcycles in urban regions.

Top 5 Leading Players in the Malaysia Electric Motorcycle Market

Here are some top companies contributing to the Malaysia Electric Motorcycle Market Share:

1. Eclimo Sdn Bhd

Company Name Eclimo Sdn Bhd
Established Year 2009
Headquarters Kuala Lumpur, Malaysia
Official Website Click Here

Eclimo Sdn Bhd is a leading player in Malaysia's electric motorcycle market, specializing in the design and manufacturing of electric motorcycles. The company focuses on producing sustainable and energy-efficient motorcycles, providing both personal and commercial electric motorcycle solutions.

2. VMOTO Sdn Bhd

Company Name VMOTO Sdn Bhd
Established Year 2016
Headquarters Shah Alam, Malaysia
Official Website -

VMOTO Sdn Bhd manufactures electric motorcycles and scooters, offering innovative and eco-friendly solutions to Malaysian consumers. The company focuses on combining style and sustainability in its product lineup, catering to the growing demand for environmentally friendly transport.

3. GoAuto Sdn Bhd

Company Name GoAuto Sdn Bhd
Established Year 2014
Headquarters Penang, Malaysia
Official Website -

GoAuto Sdn Bhd is a significant player in the Malaysian electric motorcycle market, offering a wide range of electric motorcycles for both personal and commercial use. The company aims to make electric motorcycles more accessible to Malaysians by providing affordable options and enhancing infrastructure.

4. M Bike Sdn Bhd

Company Name M Bike Sdn Bhd
Established Year 2012
Headquarters Kuala Lumpur, Malaysia
Official Website -

M Bike Sdn Bhd is a prominent electric motorcycle manufacturer in Malaysia. The company focuses on providing high-performance electric motorcycles, catering to the growing market demand for sustainable and reliable transportation.

5. AHT Motors Sdn Bhd

Company Name AHT Motors Sdn Bhd
Established Year 2010
Headquarters Selangor, Malaysia
Official Website -

AHT Motors is a key player in the Malaysian electric motorcycle market, specializing in electric two-wheelers for both personal and commercial use. The company is known for its commitment to sustainability and innovation, helping to accelerate the adoption of electric motorcycles in Malaysia.

Government Regulations Introduced in the Malaysia Electric Motorcycle Market

According to Malaysian government data, regulations play a significant role in the evolution of the Malaysia Electric Motorcycle Market. To facilitate the transition to electric vehicles, the Malaysian government has offered a range of incentives and subsidies that encompass tax exemptions and rebates for consumers buying electric motorcycles. Furthermore, the Low Carbon Mobility Blueprint and other programs are expected to improve EV infrastructure in the country and to lower carbon emissions from the transport sector. The government also applies regulations concerning the environmental standards for electric motorcycles, which means the latter have to comply with certain sustainability considerations while helping the industry flourish.

Future Insights of the Malaysia Electric Motorcycle Market

The Malaysia Electric Motorcycle Market is expected to show a very positive trend, and very high growth rates are forecasted. The market will constantly be in support of the government, and the consumers will be more and more interested in sustainable transportation. Technological breakthroughs in electric motorcycles will also play a part in the market's growth. The charging infrastructure will expand, and low-cost electric motorcycles will be more accessible, which will primarily lead to the market growth in urban areas.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Hub Motor to Dominate the Market – By Drive Type

According to Guneet Kaur, Senior Research Analyst, 6Wresearch, hub motors are the fastest-growingsegment due to their efficiency, compact design, and better integration with electric motorcycles. Their popularity is driven by their ability to provide a smooth and quieter ride, making them ideal for urban commuting.

Personal Use to Dominate the Market – By End-Use

Personal use is leading the market. Due to growing consumer preference for sustainable options influence by growing ecological concerns. Also, due to their cheap cost consumer are preferring more of electric motorcycles. They are getting higher preference mostly in urban areas.

Lithium-ion to Dominate the Market – By Battery Type

Lithium-ion batteries are leading the market. This is mainly  due to their superior energy density and longer lifespan. Further, their faster charging properties make them preferred choice. Their growing dominance is driven by their efficiency and performance, making them the most preferred choice for electric motorcycles, mainly in the urban commuter segment.

Key Attractiveness of the Report:

  • 10 Years Market Numbers.
  • Historical Data Starting from 2022 to 2025.
  • Base Year: 2025
  • Forecast Data until 2032.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Malaysia Electric Motorcycle Market Outlook
  • Market Size of Malaysia Electric Motorcycle Market, 2025
  • Forecast of Malaysia Electric Motorcycle Market, 2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Revenues & Volume for the Period 2022-2032
  • Malaysia Electric Motorcycle Market Trend Evolution
  • Malaysia Electric Motorcycle Market Drivers and Challenges
  • Malaysia Electric Motorcycle Price Trends
  • Malaysia Electric Motorcycle Porter's Five Forces
  • Malaysia Electric Motorcycle Industry Life Cycle
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Drive Type for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Belt Drive for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Chain Drive for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Hub Motor for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By End-Use for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Personal for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Commercial for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Battery Type for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Lithium-ion for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Electric Motorcycle Market Revenues & Volume By Lead Acid for the Period 2022-2032
  • Malaysia Electric Motorcycle Import Export Trade Statistics
  • Market Opportunity Assessment By Drive Type
  • Market Opportunity Assessment By End-Use
  • Market Opportunity Assessment By Battery Type
  • Malaysia Electric Motorcycle Top Companies Market Share
  • Malaysia Electric Motorcycle Competitive Benchmarking By Technical and Operational Parameters
  • Malaysia Electric Motorcycle Company Profiles
  • Malaysia Electric Motorcycle Key Strategic Recommendations

Market Covered

The report subsequently covers the market by the following segments and subsegments:

By Drive Type

  • Belt Drive
  • Chain Drive
  • Hub Motor

By End-Use

  • Personal
  • Commercial

By Battery Type

  • Lithium-ion
  • Lead Acid

Malaysia Electric Motorcycle Market (2026-2032): FAQs

The Malaysia Electric Motorcycle Market is projected to grow at a CAGR of 8.23% during the forecast period.
The tech changes consist of upgrades in battery technology, including lithium-ion batteries with improved energy density and faster charging times, are driving technological changes in the market.
The market growth is driven by increasing fuel prices, government support, and more consumer interest in eco-friendly transportation.
The government has introduced various incentives like tax exemptions and rebates for electric vehicle buyers, together with initiatives like the Low Carbon Mobility Blueprint.
6Wresearch actively monitors the Malaysia Electric Motorcycle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Malaysia Electric Motorcycle Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Malaysia Electric Motorcycle Market Overview
3.1 Malaysia Country Macro Economic Indicators
3.2 Malaysia Electric Motorcycle Market Revenues & Volume, 2022 & 2032F
3.3 Malaysia Electric Motorcycle Market - Industry Life Cycle
3.4 Malaysia Electric Motorcycle Market - Porter's Five Forces
3.5 Malaysia Electric Motorcycle Market Revenues & Volume Share, By Drive Type, 2022 & 2032F
3.6 Malaysia Electric Motorcycle Market Revenues & Volume Share, By End-Use, 2022 & 2032F
3.7 Malaysia Electric Motorcycle Market Revenues & Volume Share, By Battery Type, 2022 & 2032F
4 Malaysia Electric Motorcycle Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Government initiatives and incentives promoting electric vehicles.
4.2.2 Rising environmental concerns and the shift towards sustainable transportation solutions.
4.2.3 Increasing fuel prices driving the demand for cost-effective transportation options.
4.2.4 Technological advancements leading to improved performance and range of electric motorcycles.
4.3 Market Restraints
4.3.1 Lack of charging infrastructure hindering widespread adoption of electric motorcycles.
4.3.2 High initial cost of electric motorcycles compared to traditional petrol-powered bikes.
4.3.3 Consumer hesitancy due to concerns over battery life and maintenance of electric motorcycles.
5 Malaysia Electric Motorcycle Market Trends
6 Malaysia Electric Motorcycle Market, By Types
6.1 Malaysia Electric Motorcycle Market, By Drive Type
6.1.1 Overview and Analysis
6.1.2 Malaysia Electric Motorcycle Market Revenues & Volume, By Drive Type, 2022- 2032F
6.1.3 Malaysia Electric Motorcycle Market Revenues & Volume, By Belt Drive, 2022- 2032F
6.1.4 Malaysia Electric Motorcycle Market Revenues & Volume, By Chain Drive, 2022- 2032F
6.1.5 Malaysia Electric Motorcycle Market Revenues & Volume, By Hub Motor, 2022- 2032F
6.2 Malaysia Electric Motorcycle Market, By End-Use
6.2.1 Overview and Analysis
6.2.2 Malaysia Electric Motorcycle Market Revenues & Volume, By Personal, 2022- 2032F
6.2.3 Malaysia Electric Motorcycle Market Revenues & Volume, By Commercial, 2022- 2032F
6.3 Malaysia Electric Motorcycle Market, By Battery Type
6.3.1 Overview and Analysis
6.3.2 Malaysia Electric Motorcycle Market Revenues & Volume, By Lithium-ion, 2022- 2032F
6.3.3 Malaysia Electric Motorcycle Market Revenues & Volume, By Lead Acid, 2022- 2032F
7 Malaysia Electric Motorcycle Market Import-Export Trade Statistics
7.1 Malaysia Electric Motorcycle Market Export to Major Countries
7.2 Malaysia Electric Motorcycle Market Imports from Major Countries
8 Malaysia Electric Motorcycle Market Key Performance Indicators
8.1 Average daily charging station utilization rate.
8.2 Number of new electric motorcycle models introduced in the market.
8.3 Percentage increase in battery efficiency of electric motorcycles.
8.4 Growth in the number of electric motorcycle charging stations across Malaysia.
8.5 Adoption rate of electric motorcycles in urban areas.
9 Malaysia Electric Motorcycle Market - Opportunity Assessment
9.1 Malaysia Electric Motorcycle Market Opportunity Assessment, By Drive Type, 2022 & 2032F
9.2 Malaysia Electric Motorcycle Market Opportunity Assessment, By End-Use, 2022 & 2032F
9.3 Malaysia Electric Motorcycle Market Opportunity Assessment, By Battery Type, 2022 & 2032F
10 Malaysia Electric Motorcycle Market - Competitive Landscape
10.1 Malaysia Electric Motorcycle Market Revenue Share, By Companies, 2022 & 2032F
10.2 Malaysia Electric Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

To discover high-growth global markets and optimize your business strategy:

Click Here
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All
Chat With 6W AI Intelligence