- Corporate News
Sunway signs MoU to develop EV charging stations in Malaysia
Sunway Group, Gentari Sdn Bhd, the clean energy solutions subsidiary of Malaysia’s state-owned oil and gas company PETRONAS, and EV Connection Sdn Bhd, a pioneer in electric vehicle (EV) charging solutions, have signed a memorandum of understanding (MoU) to build and install EV charging stations at Sunway-owned premises, commercial buildings and facilities throughout Malaysia.
This collaboration was made official at a signing ceremony held on May 3, 2023, at Sunway Resort Hotel in Sunway City Kuala Lumpur, witnessed by Sunway Group Founder and Chairman Tan Sri Dato’ Seri Dr. Jeffrey Cheah, Gentari Deputy CEO and Chief Green Mobility Officer Shah Yang Razalli and EV Connection Founder Lee Yuen How.
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.
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.
Since 2015, Sunway has fully embraced the 17 United Nations Sustainable Development Goals (UN-SDGs) and took its commitment to the sustainability agenda one step further in 2021 with a pledge to achieve net zero carbon emissions by 2050, in line with the national climate agenda.
“Electric vehicles 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 Dr. Cheah, who also chairs the Malaysian chapter of the United Nations’ Sustainable Development Solutions Network (UN-SDSN).
“This MoU with Sunway and our 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,” said Razalli, Gentari’s chief green mobility officer.
“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 am extremely honoured to be part of this and hope that it will set precedent towards more collaborations to come and building a cleaner and sustainable future,” said Lee, managing director of EV Connection.
Under the Low Carbon Mobility Blueprint 2021-2023, Malaysia aims to have EVs and hybrid vehicles account for at least 15% of the total industry volume by 2030. In addition, the government is targeting to have 10,000 EV charging stations nationwide by 2025.