Private sector encouraged to invest in more EV charging stations

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Transportation News

EV Charging Stations,Private Sector Investment,Electric Vehicles

Transport Minister Anthony Loke urges private companies to invest in providing more electric vehicle charging stations nationwide. The target is to have 10,000 EV charging facilities by next year.

KUALA LUMPUR: Private sector companies are encouraged to invest towards providing more electric vehicle charging stations nationwide, says Transport Minister Anthony Loke.

Asked how many charging stations were currently available nationwide, Loke said there were only a “few hundred”. In his speech, Loke said decarbonising the transport industry was an important step for Malaysia to meet the commitment of net-zero emissions by 2050. “We aim to have 100 EV charging points operational by the first half of this year, aligning with the national vision of 10,000 EV charging points by 2025,” Ong said in his speech.RHB Banking group managing director and the banks’ chief executive officer Mohd Rashid Mohamad said embedding good practices was at the core of its long-term Sustainability Roadmap and Strategy.

 

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