Malaysia is currently facing a shortage of electric vehicle (EV) charging stations, hindering the growth of the EV market. Minister of Science, Technology and Innovation (Mosti), Chang Lih Kang, revealed that the country currently operates only around 1,000 EV charging stations, significantly below its target of 10,000 stations by 2025.
According to Chang, the limited number of charging stations has created an incomplete ecosystem, discouraging manufacturers from entering the market. “EV is still new to our market and country. The ecosystem is still not complete because there [are] not enough charging stations. Therefore, manufacturers hesitate to enter the market,” he explained to reporters after witnessing the signing of a Memorandum of Understanding (MOU) between Alibaba Cloud and Agmo Holdings Bhd.
To address this issue, Alibaba Cloud and Agmo Holdings have collaborated to develop the Agmo EV Superapp, a digital platform that allows EV users to locate and access EV charging stations. The application, available for download on Android and iOS, offers a comprehensive integrated system that includes cashless payment methods, navigation assistance, and information on rates offered at different charging stations, empowering users to make informed choices.
Agmo Holdings specializes in digital solutions and application development, focusing on digitizing business operations through mobile and web applications. On the other hand, Alibaba Cloud is a renowned service provider based in China.
Currently, Selangor has the highest number of charging stations, followed by Kuala Lumpur and Johor, according to Agmo’s statistics.
In response to the shortage of charging stations, the Ministry of Science, Technology and Innovation, in collaboration with the Ministry of Investment, Trade and Industry and Tenaga Nasional Berhad (TNB), will implement several programs to develop the local EV industry.
As the demand for EVs continues to grow, the expansion of the charging infrastructure is crucial for Malaysia to attract manufacturers and fully embrace the benefits of electric mobility.