Malaysia's Electric Vehicle Charger Installation Progress
By November 2024, Malaysia has installed 3,354 electric vehicle (EV) chargers, comprising 956 DC chargers and 2,398 AC chargers. The Ministry of Investment, Trade and Industry aims to achieve 10,000 chargers by 2025, with the target for DC chargers expected to be met six months early due to an average of 70 new installations per month. However, the overall goal for AC chargers is projected to be completed by Q3 2026, mainly due to deployment challenges. As EV adoption increases, it is estimated that by 2030, there could be 40,000 chargers, but to achieve a more optimal ratio of one charger per eight vehicles, nearly 90,000 chargers would be necessary.
What is the current number of EV chargers in Malaysia as of November 2024?
As of November 2024, Malaysia has a total of 3,354 EV chargers, including 956 DC chargers and 2,398 AC chargers.
When is Malaysia expected to meet its target for DC chargers?
Malaysia is expected to meet its target of 1,500 DC chargers by mid-2025, which is six months ahead of the original deadline.
What challenges are affecting the deployment of AC chargers?
The deployment of AC chargers is facing challenges such as associated costs, bureaucracy, and return on investment (ROI issues), which are impacting the pace of installation.