Kineta, ChargeEV sign MoU to further develop Malaysia’s electric vehicle charging network, bid for major packages in ASEAN
Electric vehicle charging solution provider Kineta signed a memorandum of understanding (MoU) with EV charging to further enhance and expand the charging network in Malaysia. The wholly owned subsidiary of Sime Darby Berhad said the strategic partnership is in line with its goal of providing “the most comprehensive electric vehicle charging solutions and electric vehicle charging network” to customers and partners business.
In addition, the agreement will allow the two entities to jointly bid on selected major packages in Malaysia and the region. Kineta says it has one of the largest Energy Commission (ST) certified teams, with 40 electrical engineers ensuring safety and regulatory compliance for all installations, as well as customer service Full internal inventory, after-sales, technical support and warranty team.
Meanwhile, ChargeEV is the leading charging network provider in Malaysia and Singapore, and helps businesses electrify their locations and bring them onto their network.
“With our combined forces, we can certainly accelerate the government’s desire to achieve 10,000 chargers over the next few years,” said Kineta CEO Sunny Lee. “We believe this partnership represents a significant milestone in our electric vehicle industry, uniting ChargeEV’s extensive charging infrastructure network between Malaysia and Singapore and end-to-end electric vehicle charging solutions by KINETA to ease the transition to electric vehicles for all drivers.”
ChargeEV CEO Seng Teong Chua added: “Battery electric vehicles will account for only 1.45% of new car sales in 2023, but as demand for all-electric vehicles increases, demand for Accessible, reliable and seamless charging infrastructure will also increase. With KINETA’s solid track record of delivering high-quality, customer-centric installations and innovative approach to product development, we believe this is just the beginning of our relationship. Electrification Partnership.”
The two companies said they are committed to supporting the country’s aspiration to have a 15% electric vehicle market share by 2030, in line with the government’s target. Blueprint for low carbon mobility and National Transformation Roadmap. Kineta recently launched a new product One-stop Kineta Charge appso perhaps the partnership means the ChargeEV network will now be integrated into this app.
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