Tenaga Nasional Berhad (TNB), a Malaysia-based energy company, is pioneering a bold step towards a sustainable future by committing to electrify 30 percent of its operational fleet by 2030 as part of an extensive carbon reduction strategy.
This strategic move is in alignment with Malaysia’s ambitious goal of achieving carbon neutrality by 2050, TNB said in a statement on Sunday.
In a significant step towards realizing this commitment, TNB said it is accelerating its transition to electric vehicles (EVs) with the deployment of 98 new units, comprising 78 electric pickup trucks and 20 electric vans.
This brings the total number of EVs in the TNB fleet to 127.
“This effort underscores TNB’s commitment to a rapid and responsible energy transition. We aim to replace 30 percent of our vehicles with electric vehicles (EVs) by 2030, totalling more than 1,000 units,
“This substantial commitment significantly contributes to the Malaysian Government’s target of having 20% EVs in Total Industry Volume sales by 2030, in line with the National Automotive Policy (NAP) 2020,” TNB President and Chief Executive Officer Baharin Din said.
Strategically integrating the conversion of its fleet to electric vehicles within the end-ofuseful-life replacement process, TNB said it envisions a positive impact on both the climate and the company’s bottom line.
“This moves drives us closer to achieving Net Zero 2050 through sustainable practices within our operations. It’s a clear priority as we actively contribute to building a robust EV ecosystem,” Baharin added.
According to the statement, the shift to electric vehicles by TNB is projected to result in a yearly reduction of 2,200 to 4,833 tons of carbon dioxide, equivalent to approximately 88,000 to 193,320 trees as an offset by 2030.
The economic benefits of TNB’s EV adoption initiative are substantial, with anticipated cost savings ranging from 35 percent to 86 percent on repair and maintenance, and 25 percent to 70 percent lower energy costs compared to conventional fossil fuel vehicles.
TNB also anticipates an annual offset of approximately 6 percent to 12 percent in fossil fuel expenditure.
Focused initially in Klang Valley and Langkawi, this initiative aligns with the sustainability goals of Kuala Lumpur, Selangor, and Langkawi, supporting their respective visions to become environmentally responsible states and cities.
Highlighting the holistic approach to Energy Transition, Baharin stated, “TNB is not only dedicated to accelerating EV adoption by 2030 but also focuses on reskilling for the EV industry, building charging infrastructure, sponsoring EV-related studies, and fostering coalitions among EV sector players.”
It is noted that TNB’s Electric Vehicle (EV) Training Hub, established by TNB ILSAS, offers reskilling for the EV industry, focusing on fundamental knowledge such as basic battery storage and EV technology.
The training sessions are certified by international bodies.
To bolster the growing EV ecosystem in Malaysia, TNB plans to expand its EV charging infrastructure with more than 500 charging points in 2025 across the country in support to the National Energy Transition Roadmap (NETR).
This initiative not only aligns with Environment Social and Governance (ESG) principles but also supports the three key pillars of TNB’s Energy Transition Plans: accelerating generation decarbonization, developing a flexible cross-border grid, and empowering cross-sector electrification and prosumers.
TNB recognizes that achieving a successful and responsible transition to sustainable and decarbonized energy systems requires collaboration and cooperation from various sectors, and therefore, TNB is fully committed to supporting the growth of the EV ecosystem in Malaysia.
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