Tag: EV industry

Charging Infrastructure to Accelerate ASEAN’s Electric Vehicle Deployment

The electric vehicle (EV) has been regarded as a key player in decarbonising the transportation sector. The EV market in the ASEAN region recorded a value of USD 498.93 million in 2021, which is expected to reach USD 2,665.3 million in 2027. Nevertheless, the lack of EV charging infrastructure has been identified as one of the main challenges in accelerating the adoption of electric passenger cars.

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Government of Malaysia to install 10,000 EV chargers by 2025

The Government of Malaysia will partner with the private sector to install around 10,000 electric vehicle (EV) charging stations in Malaysia by 2025 as a part of the Low Carbon Mobility Blueprint (LCMB) 2021-2030. The government will provide companies who plan to build EV infrastructure with tax incentives and financial assistance.

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