Kuala Lampur, July 23 -- JULY 23 - Ever since the recent spike in fuel prices, few topics have generated as much conversation among Malaysian motorists as electric vehicles (EVs). Our automotive landscape is shifting visibly.

Driven by economic uncertainty and volatile oil prices, EVs have moved from novelty to a genuine option for a growing number of buyers.

Yet one question deserves closer scrutiny: are these decisions truly rational, or are they being shaped by FOMO, the fear of missing out and its more anxious cousin, POMO, the panic of missing out?

The numbers are striking. As reported in Berita Harian on 22 January 2026, RHB Investment Bank analyst Iftaar Hakim Rusli noted that, based on Malaysian Automotive Association (MAA) dat...