Sime Darby & TNB Signs MoU To Accelerate EV Adoption

Sime Darby Motors (SDM) Malaysia, and leading utility company Tenaga Nasional Bhd (TNB), have entered into a Memorandum of Understanding (MoU) for a collaboration to support the country’s low carbon mobility ambitions.

SDM Malaysia and TNB formalised the MoU at a signing ceremony between SDM Retail and Distribution Malaysia Managing Director, Mr Jeffrey Gan and TNB Retail Division’s Head of Solutions, En. Mohamed Azrin Mohamed Ali, which was witnessed by Sime Darby Berhad Group Chief Financial Officer, En. Mustamir Mohamad and TNB Chief Retail officer, Datuk Ir. Megat Jalaluddin Megat Hassan at Sime Darby Motors City, Ara Damansara earlier today.

SDM Malaysia and TNB are committed to working together for two years to explore various initiatives to accelerate the adoption of electric vehicles (EV), which, among others, include ensuring a network of highly efficient EV charging infrastructure is in place to support this growth. The parties also aim to look into other energy-efficient and renewable energy initiatives to optimise the cost of EV charging infrastructure and to reduce carbon emissions.

“We have very clear EV ambitions at Sime Darby Berhad and TNB plays a crucial role in ensuring that our goal is within reach here in Malaysia. Partners such as TNB play important roles as enablers in helping us achieve our target of a more energy-efficient product portfolio by 2025 and becoming a leader for EV in Asia Pacific.”

“We are in 19 markets in the Asia Pacific region, all of which are at different stages of the EV revolution. As the partner of choice for some of the world’s most admired automotive brands, and with capabilities across the full value chain, we believe that we are strategically positioned to be the preferred partner for the transition taking place,” said Sime Darby Berhad Group Chief Executive Officer, Dato’ Jeffri Salim Davidson.

Sime Darby’s offerings to support the country’s EV plans through its core businesses of Motors and Industrial include high-value assembly capabilities; a wide spectrum of world leading brands with expanding EV lineups; highly skilled workforce for EV retail and aftersales services; and supply and maintenance of EV charging equipment.

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