According to Chang Lih Kang, the Science, Technology and Innovation (MOSTI) minister, Malaysia still lacks the 10,000 EV charging stations that are intended to be installed by 2025, despite the fact that demand for such stations is only expected to increase. There are currently only about 1,000 EV charging stations in Malaysia.
“Our market and nation are still new to EVs. There aren’t enough charging stations, which means the EV ecosystem is still not complete. Manufacturers are reluctant to enter the market as a result,” he said, after witnessing the signing of a Memorandum of Understanding (MoU) between Alibaba Cloud and Agmo Holdings Bhd.
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