This website uses cookies to ensure you have the best experience. Learn more

Demand Of Hybrid Car In Malaysia

2231 words - 9 pages

Demand for hybrid cars in MalaysiaA hybrid car is actually a car that runs in two fuel sources. Differentiation a hybrid car from a conventional car is that a hybrid car contains two engines which are traditional gasoline engine and an electric motor and batteries. The concept of the two engines is the car uses a traditional gasoline engine, as well as electricity derived from special batteries to drive the car. The batteries of the hybrid car do not need to be plugged in to recharge like an electric car. As it will charged while the car running or while the car is braking. The two engines are work together to cut down fuel consumption. It is able to cut down the fuel usage by more than half with using this technology.Hybrid cars are still not so popular before year 1997. It had aware by the consumers only after Japan released Toyota Prius and Honda Insight in 1997 and brought it to United States (US) in 1999. Toyota introduced the first hybrid car and the top-ranked sales of hybrid cars are Toyota Prius which sold in over 70 religions and had sales of more than 2 million units to the date of September 2010.Annual worldwide sales of the Prius to September 2010. Data: TMC.US leading the largest market of hybrid cars in the world, they have started its hybrid cars market since 1999. (Christie Schweinsberg, 2011). California is the biggest hybrid cars market in US (Source: Detroit News, 2011).However, hybrid cars have only been in Malaysia market for a very short period of time. Hybrid cars are not so popular in current stage, but are in a growing trends and beginning to expand. Since the fuel price is keep rising and it is no doubt that heightened awareness of hybrid cars among consumers and therefore people will try to find some alternatives fuel sources and have more interest toward hybrid cars. The reasons that consumers consider to buy hybrid car are mainly due to it is the most fuel-efficient car in the market and it is environment friendly. Hybrid technology is considered as a promising technology by the National Energy Policy Report (2001) due to its improved fuel economy and reduced emissions; it can summarize that demand for hybrid cars should be increased to achieve economies of scale, thus bringing the cost of hybrid cars down (Arie Beresream & Shanjun Li). As hybrids are a small but growing component of the vehicle fleet, and may be an important component of a national strategy to deal with climate or energy security, it is vital to know what influences consumers' decisions to buy hybrids rather than conventional cars (Garth Heutel & Erich Muehlegger, 2010)As the fuel prices seem to be going up all the time, the major concern of the consumers when come to purchase a car is the car must be fuel-efficient. This is the time that they need to think of whether to purchase a hybrid car or a conventional car. According to the US Department of Energy, hybrid car can be effectively in save fuel and can get up to 40 to 70 miles per...

Find Another Essay On Demand of hybrid car in Malaysia

Types of soil in Malaysia Essay

1583 words - 6 pages TYPES OF SOIL IN MALAYSIA Soil is a natural resource that is vital for living things. Soil is defined as an incoherent mineral and organic material that works as a natural element for the survival of living things. Retallack et al. (1984) proposed that soil is a “material at the surface of a planet or similar body, altered in place by physical chemical or biological agencies, or by a combination of them” (p. 7). Malaysia’s average temperature

Importance of GMMs in Malaysia Essay

712 words - 3 pages Many of Malaysia citizens still do not familiar with LMO. According to a survey review by Carpenter (2010), it showed that the third world country such as India produced 150% yield improvement of Bt cotton from 2005 to 2006 and 2007 to 2008 which benefits the farmers. This result shows a positive impact in economic performance, by means improving yield would increases the economic gain and solve financial problems for poor country by reducing

Taxation and Types of Taxes in Malaysia

1685 words - 7 pages 1.0 Introduction According to business dictionary, elasticity is a responsive measured in price or quantity. It is also a sensitivity of quantity towards changes of price and it is measured using the elasticity concept with a diagram of demand and supply curve. Why is this important? The importance is to explain the consumer and sellers respective behavior in the market; and also to show the intersection between demand and supply. The

Future Prospects of Food Fermentation in Malaysia

1218 words - 5 pages most of the pathogenic bacteria. (Wikipedia) The Opportunity of Fruit Fermented Products in Malaysia High transportation cost and low demand of durian from durian kampong varieties cause the farmers from rural area unsuccessfully in marketing the fruit. Tempoyak is the alternative way to reduce superfluous harvest of durian. Through this fermentation process, tempoyak can last for even a year. Malaysian Federal Agricultural Marketing Authority

Pollution of Water Sources in Malaysia

1359 words - 5 pages -uniform temporal and spatial rainfall distribution and increasing occurrences of river pollution have caused numerous crises in water supply services. The quality of river in Malaysia has worsened during the last several years. In recent years, more water is drawn to meet increasing demand, but more destruction results from water that is put back into them by communities, adding sewage, and other effluents and waste. The dirtiest river in the country

The Evolutions of Isamic Finance in Malaysia

2749 words - 11 pages FIN545 ISLAMIC FINANCE THE EVOLUTIONS OF ISLAMIC FINANCE IN MALAYSIA SUBMITTED TO : MISS NOOR SHARIDA BADRI SHAH PREPARED BY : MOHD FADZLI BIN AZRI TABLE OF CONTENT INTRODUCTION Islamic finance is the provision of financial services on a basis that is compliant with the principles and rules of Islamic commercial jurisprudence and a branch of Islamic Shari’ah

Rise of Sexual Activity in Malaysia

617 words - 3 pages PROBLEM STATEMENT In Malaysia, sexual activities among unmarried teenagers are on the rise. Being an officially Islamic country that practices Eastern values, this is definitely a major concern. Just before dawn on New Year’s Eve 2010, Spak, K. (2014) reported that the Malaysian morality police have apprehended 52 unmarried Muslim couples, of which most are still students. Worse, premarital pregnancy among teenagers also shows a staggering

The Impact of the Car in Society

2115 words - 9 pages never before. The car will only progress and get more useful. One small idea can change the way we live. References: "The Unpopular, Successful Auto Bailout." The American Prospect. N.p., n.d. Web. 30 Apr. 2014. Gimbel, Barney. "The Richest City in the World." CNNMoney. Cable News Network, 12 Mar. 2007. Web. 02 May 2014. "Enviromental Impact of Cars." Impact of Cars on the Environment. N.p., n.d. Web. 01 May 2014. Amadeo, Kimberly. "How Gas Prices Get High." About.com US Economy. N.p., n.d. Web. 02 May 2014. Hartman, Dennis. "The Effects of Cars on the Economy." EHow. Demand Media, 26 Jan. 2010. Web. 02 May 2014.

History of The Motor Car in Europe

2195 words - 9 pages established regions, the US, Western Europe and Japan. Since 1970, 263 new manufacturing plants have opened in which only 44% were in North America, Western Europe and Japan. The growth of domestic demand in emerging markets led to the growth of new manufacturing plants. There has been a recent rise in the Chinese automotive industry. Practically no car manufacturing took place before 1980. In contrast to this, it was reported in 2004 that 1.29

Causes of Changes in Supply and Demand

588 words - 2 pages Introduction* *A basic economic concept plays a vital part in prices of goods. The prices are set in a market that is supported by the laws of supply and demand. Supply and demand factors determined the wants and desires of people or a group. Supply is the product or service a producer has uncommitted and capable to legal transfer by selling . Demand is the amount of the product or service that buyers want to buy .This means that every

An evaluation of property tax system in Malaysia

1663 words - 7 pages 1.0 Introduction Rapid population growth and increasing urbanization have triggers increases in demand for real property. These developments ultimate translate to the responsibility of local authority in providing facilities for the public. Therefore, local government need some sources to provide these facilities. Basically local government income comes from taxes, fees and fines. Property taxes are the largest fund and backbone of municipal

Similar Essays

High Demand For Hybrid Cars In The United States

1283 words - 6 pages The admiration of Hybrid cars in the United States market to this day is increasing at a rapid rate. Hybrid cars have been in high demand by buyers all over the United States. As time progresses, more and more consumers grasp that the upcoming hysteria of hybrid vehicles are not only better for the environment, but are all around much economical to our prodigious populace. The growing popularity of hybrid cars is due to an increase in the

Eco/360 Article Analysis: The Supply And Demand Of Hybrid Vehicles

712 words - 3 pages Article Analysis: The Supply andDemand of Hybrid VehiclesThe purpose of this paper is to summarize the article, "Hybrid vehicles hot in state, but supply is limited" and explain why changes occurred in supply, demand, and price. After reading this paper, the audience should be able to understand why the hybrid is in high demand, why car manufacturers are receiving the asking price, and how supply and demand may affect the prices of hybrids in

Advantages Of The Toyota Hybrid Electric Vehicles Over The Other Car Manufacturing Companies

2792 words - 11 pages era in the vehicles history.Initial hydrogen, fuel cell and pure electric vehicles were not much successful as they were all very expensive and not very efficient. The true electric vehicles did not have the required standards of an American car buyer because they cost a lot, around US$ 30,000 on a compact car, and the batteries were not able to run the car for a long distance before recharging it.However, the new innovative hybrid electric

Causes Of Inflation In Malaysia Essay

917 words - 4 pages Untitled Question 2 A.) Based on the article provided, it is reported that Malaysia's inflation rate hit a 26-year high of 7.7% in June 2008, compared to 3.8% in May 2008. It almost doubled in a period of one month mostly due to the drastic increase in petrol and diesel price. Many commodity prices, including crude oil, have posted declines in recent days too. Malaysians who have relied heavily on government subsidies