With around 700 electric vehicle supply equipment (EVSE, also known as EV charging station) set up so far, Malaysia is on track to install 10,000 EVSEs by 2025 under the Low Carbon Mobility Blueprint 2021-2030, reports Bernama.
Industrial development director at the Ministry of International Trade and Industry, Muhammad Zulhilmi Ahmad, attributed the successful installation of EV charging stations to collaboration with the private sector.
“There are certain companies, mainly the government linked companies (GLC), willing to champion (this green effort).
“We hope the target can be achieved to support the development of the local EV industry,” he said at the Series 2 of Invest Malaysia, titled ‘The Road to EV’.
Meanwhile, Tenaga Nasional Berhad (TNB) expects the number of EVs in Malaysia to hit over 500,000 units with 18,000 EVSEs. The EV market is expected to generate an annual electricity revenue of RM 1.25 billion.
The report states that by taking an equivalent number of combustion-engine vehicles off the road, there’s a potential emissions reduction by up to 4.4 million tonnes of carbon dioxide.