Sunway, Gentari and EV Connection Inks MoU To Develop EV Charging Infra
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Sunway Group ("Sunway"), Gentari Sdn Bhd ("Gentari"), and EV Connection Sdn Bhd ("EV Connection") have signed an agreement that would see EV charging stations erected at Sunway-owned premises, commercial buildings, and facilities around the country.
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 signed the Memorandum of Understanding at Sunway Resort Hotel in Sunway City Kuala Lumpur.
According to the terms of the agreement, Gentari and EVC will be granted the right to co-develop and construct EV charging stations at Sunway's integrated townships and developments throughout Malaysia in order to solve EV users' range concern.
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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
Furthermore, with the increasing adoption of electric vehicles and a growing awareness among Malaysians to switch to other more sustainable mobility options, this collaboration fits right in the government's national goal of becoming a carbon-neutral economy by 2050.
According to Tan Sri Dato’ Seri Dr. Jeffrey Cheah, “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.”
Shah Yang Razalli said, “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.”
Ir Lee Yuen How further added, “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.”
Malaysia plans to have EVs and hybrid vehicles account for at least 15% of total industry volume by 2030, according to the Low Carbon Mobility Blueprint 2021-2023. Furthermore, the government's initial plan is to have 10,000 public EV charging stations across the country by 2025.
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