Swift Bridge Technologies (MFG) Sdn. Bhd. has announced its localized production of Malaysia’s first electric vehicle (EV) chargers with MYR 11.2 million ($2.68 million) investment over the next three years.
The Malaysian Investment Development Authority (MIDA) said in a statement on last Wednesday that Swift Bridge Technologies has signed memorandum of understandings (MoUs) with Ideal Property Group, ChargeSini, EV Plus, and SDEC Karuna.
Swift Bridge Technologies will establish full production lines for AC EV chargers (7kW–22kW) and DC EV chargers (120kW–600kW).
The company targets an annual output of 10,000 AC chargers by 2026 and 1,000 DC chargers by 2028, positioning itself as Malaysia’s first local manufacturer of certified EV chargers.
“MIDA welcomes Swift Bridge Technologies’ initiative to localize EV charger production in Malaysia, a significant step in strengthening our domestic EV infrastructure,
“This investment reflects growing confidence of industry players in Malaysia’s policy direction under the New Industrial Master Plan 2030, Low Carbon Mobility Blueprint, and Green Investment Strategy,” said Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA.
“Through such collaborations, we are advancing our national objectives to attract quality, technology-driven investments, deepen local supply chains, and create high-skilled employment that supports Malaysia’s transition towards a sustainable, high-value economy,” he added.
It is noted that Swift Bridge Technologies is investing in human capital development to train over 200 skilled Malaysian talents within the next three years.
This includes professionals for maintenance, commissioning, and field service roles as well as engineers and technicians in product design, process engineering, and assembly operations.
All EV chargers produced will be tested and certified by SIRIM QAS, ensuring compliance with international and Malaysian standards for safety, reliability, and performance.
SK Chong, Executive Chairman of Swift Bridge Technologies, stated this collaboration with MIDA and SIRIM marks a major milestone for Malaysia’s EV industry.
“Swift Bridge Technologies is proud to be the first local manufacturer of certified EV chargers, fully developed and assembled in Malaysia,
“Together with our partners, we are creating jobs, developing talent, and strengthening our local supply chain under a proudly Malaysian brand,” he added.
According to the statement, the locally manufactured EV chargers will serve a wide range of users – from charging point operators (CPOs) and property developers to commercial and residential customers.
The initiative is set to expand Malaysia’s local supply chain and reinforce the nation’s position as a regional leader in EV manufacturing and green technology innovation.