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British charging startup EZ-Charge has signed a memorandum of understanding (MoU) that will see its technology form the backbone of a new Malaysian charging network.
The MoU, signed with Mobility Werk Group Sdn Bhd – the Malaysian subsidiary of global company MW Group – will see EZ-Charge’s car charging units be manufactured, installed and operated in the market, under licence.
The deal could be worth tens of millions of pounds and was signed in front of Malaysia’s Minister of Science, Technology and Innovation, Datuk Seri Dr Adham Baba, at an event marking Malaysia Mobility Week.
EZ-Charge’s hardware and software, including its electric load sharing technology, will become essential to the country’s growing electric vehicle ecosystem. This expansion has been identified as a priority by the Malaysian government as part of its National Automotive Policy (NAP) and carbon reduction targets set at the COP26 summit last year.
“We intend to make the development of charging stations cheaper compared to overseas,” Dr Adham said.
“With localized manufacturing and technology development, we believe in developing this technology as well as providing talent in the end-to-end process of design, test, prototype, commissioning.”
“Not only are we able to develop our own EV technology and components, but we also want Malaysia to be a hub for EV component supply.
“In order to be a leader in the supply of components for electric vehicles, we need an international network because of the supply chain and the network. It also requires us to deal with raw materials such as plastic, advanced materials and also techniques in the use of battery life cycle.
EZ-Charge Founder and CEO Phil Shadbolt was very pleased with the deal.
“We are absolutely thrilled to be associated with such a massive and prestigious project, which will totally transform the viability, usability and sustainability of electric vehicles in Malaysia.
“This is a country of over 32 million people and the benefits of this project could be enormous, not only in terms of carbon reduction, but also in terms of local job creation, economic regeneration and training. professional.
“From our business perspective, this deal has already gotten us a lot of international attention and other countries and governments are reaching out to us to replicate the Malaysian project in their own markets.”