Malaysian conglomerate Sunway Group, clean energy solutions company Gentari Sdn Bhd, and electric vehicle (EV) charging solutions provider EV Connection Sdn Bhd, have sealed a memorandum of understanding (MoU) to build and install EV charging stations at Sunway-owned premises, commercial buildings and facilities throughout the country.
Through this collaboration, Gentari via its wholly owned subsidiary, Gentari Green Mobility Sdn Bhd, will be a co-development partner for EV charging stations at Sunway’s integrated townships and developments throughout Malaysia, the trio said in a statement on Wednesday.
This agreement will also see EV Connection work with Sunway to identify strategic locations for the installation of these charging stations at Sunway’s integrated townships and developments throughout Malaysia to reduce range anxiety.
With the increasing rate of electric vehicles adoption and a growing consciousness for more sustainable options among Malaysians, this partnership between Sunway, Gentari and EV Connection is a step towards the government’s stated goal of being a carbon-neutral economy by 2050.
“EVs are increasingly the preferred option among Malaysians. The growing number of EVs will require a robust network of charging stations throughout the country,
“This partnership is a concrete step towards that goal. At Sunway, we firmly believe that we can all do well by doing good,” said Jeffrey Cheah, Sunway Group Founder and Chairman.
Shah Yang Razalli, Gentari’s Chief Green Mobility Officer, said this MoU with Sunway and its partner EV Connection, is another testament of Gentari’s continued effort to drive green mobility adoption.
“Sunway’s position as a major developer of both commercial and residential properties across Malaysia, enables Gentari to allow EV infrastructure access to more users across residential, workplace and recreation destinations,” he added.
Ir Lee Yuen How, Managing Director of EV Connection, said this tri-partied partnership is a collective effort to bring together property owners and charge point operators towards a common goal of driving electric mobility revolution in the region.
“I hope that it will set precedent towards more collaborations to come and building a cleaner and sustainable future,” he added.
It is noted that under the Low Carbon Mobility Blueprint 2021-2023, Malaysia aims to have EVs and hybrid vehicles account for at least 15 percent of the total industry volume by 2030.
In addition, the government is targeting to have 10,000 EV charging stations nationwide by 2025.
Established in 1974, Sunway is a conglomerate with 13 business divisions across more than 50 locations primarily in Asia.
Its 16,000-team is involved in diverse businesses including core interests in real estate, construction, education, healthcare, retail and hospitality.
Its three public-listed companies — Sunway Berhad, Sunway Construction Group Berhad, and Sunway REIT, have a combined market capitalization of MYR15 billion ($3.37 billion).
Gentari is a clean energy company focused on delivering the net zero solutions required to put cleaner energy into action.
The firm offers lower carbon solutions through three initial core pillars – renewable energy, hydrogen and green mobility, forming a portfolio of solutions cutting
across the electron value chain to help customers achieve net zero emissions.
EV Connection is an EV charging company with an integrated portfolio of EV charging station hardware supply, installation, operation, maintenance and cloud services.
A one-stop EV charging service provider via the JomCharge mobile app, EV Connection is the authorized EV charging station distributor.
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