The Malaysian Ministry of Investment, Trade, and Industry (MITI) has announced that Tesla has invested USD 13.5 million in the country’s electric vehicle (EV) charging infrastructure as of July 2024. This development reflects Tesla’s strong commitment to enhancing the EV charging network under Malaysia’s Global Electric Vehicle Battery Leader initiative.
This investment encompasses the construction of 52 Supercharger units capable of charging at speeds of up to 250 kW, along with 54 Wall Connectors and over 4,500 home chargers across Peninsular Malaysia. Tesla is also introducing its Megapack battery energy storage systems (BESS) to Malaysia, which will make energy needs more affordable and efficient while stabilizing the country’s electrical grid. The technology has the potential to lower energy costs and bolster the national energy infrastructure. To support the development of charging infrastructure, Tesla has collaborated with nine local companies and established partnerships with higher education institutions.
The company has also increased its hiring efforts in Malaysia, focusing on various roles based in Cyberjaya and Kuala Lumpur. Approved to sell EVs in February 2023, Tesla commenced sales in July in the same year, with the Model Y receiving over 10,000 orders in just four days. Government statistics indicate that more than 10,000 EVs were registered in Malaysia during the first half of 2024, marking a 142% increase, with BYD and Tesla leading the market by delivering 4,368 and 3,079 vehicles, respectively. In total, 13,000 EVs were registered in the country throughout 2023.
(Sources: Teslarati; The Edge Malaysia)
