Make EV charging stations nationwide grid belongings – Yeo


The federal government ought to take into account together with charging stations as nationwide grid belongings to assist the proliferation of EVs in Malaysia, Puchong MP Yeo Bee Yin has mentioned, in keeping with Bernama.

Deeming the connection between EVs and charging stations a “rooster and egg scenario”, she mentioned if there weren’t sufficient charging stations, folks wouldn’t purchase EVs, and conversely, if there weren’t many EVs on the highway, no firm would wish to set up charging stations.

Whereas debating the 2025 Provide Invoice yesterday in parliament, Yeo instructed that the price of putting in charging stations be borne by Tenaga Nasional Bhd (TNB) utilizing its capital expenditure (capex) for the upcoming fourth regulatory interval (RP4) of the Incentive-Based mostly Regulation (IBR), spanning 2025-2027.

Make EV charging stations national grid assets – Yeo

“By placing charging station set up below IBR, TNB would be the important executor and can due to this fact be capable of plan and set up public charging stations shortly and effectively. Additionally, the cost-per-unit shall be decrease because of the economies of scale,” she mentioned.

All capex for the nationwide grid infrastructure is included below the IBR framework and is among the many elements used to set the bottom electrical energy tariff for Peninsular Malaysia, Yeo added.

She mentioned that if RP4’s capex equalled RP3’s at RM20 billion, the price of establishing charging stations would solely be 2.9% of the full capex spent by TNB for the 2025-2027 interval.

Make EV charging stations national grid assets – Yeo

“Based mostly on my tough calculations, to achieve the 10,000 charging station goal, we’d like about 7,500 extra. Let’s say 20% of those are DC chargers, which value round RM250,000 every, and 80% are AC chargers, which value about RM35,000 every, the full value could be RM585 million. The query now’s, is it value investing? I feel it’s a giant sure. It is because the influence is big and constructive,” Yeo mentioned.

In the meantime, Yeo additionally urged the federal government to hurry up the tabling of the ‘lemon legislation‘, citing South Korea, the USA, Australia, Canada, Singapore and the Philippines as nations which have already applied it.

“The lemon legislation provides the customer the appropriate to hunt a refund or substitute if his/her automobile continues to be significantly problematic after a number of restore makes an attempt,” Yeo defined, including that 70% of Malaysians personal a minimum of one automotive and that the lemon legislation will enhance the standard of automobiles offered out there in addition to after-sales service.

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