Malaysia’s tech startup ChargeSini has achieved a remarkable milestone, solidifying its position as the nation’s leading EV Charging Point Operator (CPO) within a mere 18 months since its inception in October 2022.
Boasting over 700 charging ports deployed nationwide, ChargeSini has swiftly emerged as the fastest-growing CPO in Southeast Asia (SEA), spearheading efforts to promote EV adoption and green energy initiatives across Malaysia. This achievement aligns with the country’s ambitious goal of achieving zero net emissions by 2050, as outlined in the National Energy Transition Roadmap (NETR).
The EV automotive and green energy sectors play pivotal roles in Malaysia’s economic growth and sustainability objectives. ChargeSini’s rapid expansion underscores the importance of continued support from the Malaysian government to further accelerate EV adoption. Leveraging initiatives like the “National Fund-of-Funds,” with a dedicated RM1 billion allocation, can significantly bolster the company’s efforts to expand its footprint and advance its mission.
The recent KL20 Summit 2024, led by the Ministry of Economy, showcased Malaysia’s commitment to fostering sustainable innovation and entrepreneurship across key sectors. The government’s strategic initiatives, as highlighted during the summit, resonate with ChargeSini’s mission and business objectives.
With operational EV charging stations in every state across Malaysia and expansion efforts extending into Indonesia, ChargeSini is committed to achieving nationwide deployment of EV charging infrastructure. Through government support and funding, the company aims to make Malaysia a premier EV hub while extending its impact across SEA.
ChargeSini’s vision extends beyond infrastructure deployment, focusing on technological advancements such as AI, big data analytics, and Super-App features. These innovations aim to solidify ChargeSini’s position as a pioneer in green technology, driving a sustainable future throughout the region.
ChargeSini’s strategic endeavors align closely with Malaysia’s Sustainability Goals and key principles of Environmental, Social, and Governance (ESG) criteria. Through meticulous data collection and analysis, the company quantifies CO2 emissions reductions, tree planting equivalents, carbon credit transactions, and adherence to carbon market regulatory frameworks.
Founder and Managing Director James Goh emphasised that the allocated capital for startups, including ChargeSini’s recent achievement of securing RM5.6 million in ECF during its angel round, will catalyze economic vibrancy and reinforce Malaysia’s international prominence in the EV and green technology sectors.
