Kuala Lumpur, 23 May 2024 — EVPower Sdn Bhd, an innovative EV charge point operator in Malaysia, has announced a strategic partnership with Qingdao TELD New Energy Technology Co. Ltd., China's largest enabler of charge points and EV charger manufacturer. The partnership is set to elevate the EV charging experience in Malaysia by integrating advanced technology and operational excellence from TELD.
The alliance was formalised during a signing ceremony at Malaysia Autoshow 2024 in HALL A, MAEPS, Serdang — a significant step in the collaboration between the two companies. It aligns with Malaysia's National Automotive Policy (NAP) 2020, which emphasises the development of a comprehensive EV ecosystem to promote sustainable mobility.
By leveraging local expertise and strong partnerships with leading banks, property management companies, housing developers and local councils, EVPower is poised to significantly boost Malaysia's EV infrastructure. Combined with TELD's global experience, the collaboration aims to make EV charging more convenient, reliable and cost-effective across the country. Notably, EVPower is the first charge point operator in Malaysia to adopt a card-acceptance payment method, letting users pay without an app.
Ultra-fast charging at highway service areas
EVPower will invest heavily in ultra-fast charging stations at highway rest and service areas (RSAs). Planning for the first station commences in June 2024, with more than six additional stations in approval. Each will feature no fewer than four bays and charging speeds of up to 480kW — a major upgrade for long-distance EV travel. EVPower is also open to collaboration with the public through its zero-capex program for deploying ultra-fast chargers.
In just a year of operating in Malaysia, EVPower has deployed the country's first 100 chargers and is targeting 200 or more by the end of 2024.
R&D, training and a regional outlook
The partnership spans research and development to tailor charging technology for the Malaysian market, integrating state-of-the-art hardware with advanced software for a seamless, reliable experience. It will also explore expanding EV charging infrastructure beyond Malaysia and throughout Southeast Asia, using TELD's global presence.
EVPower will invest in a dedicated training centre and educational programs to equip technicians and operators with the latest EV charging systems and maintenance practices.
"This partnership with TELD is a landmark moment for EVPower. Combining our local expertise with TELD's global experience and advanced technology will significantly boost Malaysia's EV infrastructure, making electric mobility more accessible to all Malaysians." — Cornelius EE, CEO of EVPower Sdn Bhd
About the companies
EVPower Sdn Bhd, a subsidiary of Elitesoft Group, is a pioneering force in Malaysia's renewable energy sector — an innovative charge point operator dedicated to cost-effective, advanced charging stations for everything from electric bikes and buggies to cars and commercial vehicles.
TELD, the holding subsidiary of TGOOD, has led EV charging since 2014 through an integrated industrial internet of charging, microgrid, energy-storage and data networks. Since entering international markets in 2020, TELD has operated in more than 10 countries, including Malaysia, Australia, the UK, Brazil and Uzbekistan.
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