BlueShark Malaysia Poised for EV Motorcycle Boom

BlueShark Malaysia is set to triple EV motorcycle sales in 2025, driven by government subsidies, battery-swapping expansion, and rising demand for green mobility. Learn more about their breakthrough year ahead.

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BlueShark Malaysia, a leading electric vehicle (EV) technology company, is poised to triple its sales of electric motorcycles (e-bikes) in 2025, driven by government subsidies, expanding battery-swapping networks, and strong industry partnerships.

Accelerating EV Adoption in Malaysia

According to BlueShark ASEAN Group CEO Jeff Chong, Malaysia’s push for green mobility is gaining momentum, with initiatives like the RM2,400 MariiCas subsidy making e-bikes more accessible. With the government targeting full EV adoption in procurement by 2030, BlueShark sees 2025 as a breakthrough year for the EV motorcycle market.

“With our aggressive expansion strategy, enhanced infrastructure, and strong industry partnerships, we believe this will be a breakthrough year for EV motorcycles in Malaysia,” Chong told SunBiz.

The Malaysian government’s Green Mobility Procurement Plan begins in 2025. This sets the stage for increased adoption, especially as fuel prices are expected to rise by mid-year. Chong believes this will push more consumers to switch from internal combustion engine (ICE) motorcycles to EV alternatives.

Government Support and Corporate Sustainability Goals Drive Demand

Beyond consumer adoption, businesses and government agencies are also embracing e-mobility. Chong highlighted that public sector organizations and large corporations are looking to reduce their carbon footprint. This is especially true as carbon footprint reporting becomes mandatory for listed companies in Malaysia.

“Companies are evaluating their Scope 1, Scope 2, and Scope 3 emissions. We offer solutions for both Scope 2 and Scope 3,” Chong explained.

BlueShark is already working with major corporations such as Lazada, Pos Malaysia, DHL, and local municipalities, all of which are seeking sustainable mobility solutions.

Expansion of Battery-Swapping Infrastructure

To eliminate range anxiety and improve convenience, BlueShark is rapidly expanding its battery-swapping network in collaboration with Petroliam Nasional Bhd (Petronas). Currently, 20 Petronas locations offer battery-swapping stations, with a nationwide expansion underway.

“Our battery-swapping program has seen significant growth—usage surged 400-500% from early 2024 to the year’s end,” said Chong.

These stations are already operational in Johor, Penang, and the Klang Valley, and more riders are shifting from home charging to battery swapping for ease of use.

BlueShark’s Global Expansion and Market Outlook

BlueShark first entered the South Korean market, where it now holds the No. 1 market share. Since then, the company has expanded into Europe via a partnership with Keeway and is now present in:

• Italy
• England
• Macau
• Japan
• Taiwan
• Jordan
• Malaysia
• Thailand

“Next, we are expanding into Indonesia and the Philippines,” Chong revealed.

Asia’s booming EV sector, backed by incentives and infrastructure, positions Malaysia as a key player, while Thailand’s EV production rises amid growing competition. Meanwhile, Thailand’s local EV production is set to rise, with Chinese automakers intensifying market competition across the region.

A Promising Future for E-Mobility

With Malaysia advancing green mobility, BlueShark expects record EV motorcycle growth through partnerships, battery-swapping, and government support.

With rising demand from businesses, government, and consumers, Malaysia’s electric motorcycle future looks bright.