TNB: RM 90 million investment planned for DC fast chargers, more than 70 by 2024
Arvind · Sep 28, 2022 11:00 AM
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Tenaga Nasional Berhad (TNB) is investing a sizeable RM 90 million to grow the DC fast charging network along Malaysia’s highways, principally to address range anxiety amongst EV vehicle users.
Announced during the ongoing EVM Asia 2022 expo, the EV charging infrastructure initiative is one of four key initiatives under the TNB Energy Transition Plan which also includes investments to reduce its carbon output, expand competencies in the renewable energy sector and future-proofing the national grid.
The RM 90 million will go towards the following initiatives:
Build EV charging infrastructure
Reskill and upskill workforce
Fleet electrification
Sponsor EV-related studies
Foster synergies with key EV sector players
Speaking at EVM Asia 2022, TNB’s Head of Regulatory and Advocacy, Aishah Daniyal added that the company expects to have in excess of 70 DC fast chargers by the end of 2024, although the exact locations are not specified for now.
TNB expects EV charging to consume 16 percent of Malaysia's total electricity usage by 2040
Besides EV chargers, TNB sees itself as a key enable of the entire EV ecosystem of Malaysia and thus is committed to ensuring its infrastructure is “EV-ready” and able to support the growth of the EV charging network.
TNB looks to fortify its network to accommodate more home chargers, destination chargers such as malls and hotels and rapid chargers along the highway. The plan makes concessions for maintenance and repair as well.
Alongside this, TNB will participate with third-party vendors on platform integration, in particular, software and app integration that can be used by the local EV supply chain.
These platforms intend to introduce geospatial-based platforms that will help EV users track and book available chargers prior to arrival.
Arvind can't remember a time when he didn't wheel around a HotWheels car. This love evolved into an interest in Tamiya and RC cars and finally the real deal 1:1 scale stuff. Passion finally lead to formal training in Mechanical Engineering. Instead of the bigger picture, he obsesses with the final drive ratio and spring rates of cars and spends the weekends wondering why a Perodua Myvi is so fast.
