KUALA LUMPUR, Malaysia – 13 January 2023
– Malaysian clean energy solutions provider Gentari Sdn Bhd
(Gentari) via its wholly-owned subsidiary, Gentari Green Mobility
Sdn Bhd, and Bangkok-based electric vehicle (EV) charging
infrastructure provider Evolt Technology Company Limited (Evolt)
have signed a Memorandum of Understanding (MoU) to explore
collaborations in offering clean energy solutions. The two
companies will jointly collaborate to expand EV charging
infrastructure and solutions across Southeast Asia, as well as
explore other potential collaboration areas in renewable energy
and green mobility solutions.
“This MoU marks
our inaugural foray into regional infrastructure development in
Southeast Asia. Gentari aims to establish a beachhead in Thailand,
and this collaboration with Evolt will see us synergising
Evolt’s market leadership in Thailand and regional
expertise with Gentari’s goal to expand our green mobility
network across key markets in Asia Pacific. Together, Gentari and
Evolt will explore potential investments into co-developing
regional charging infrastructure beginning in Thailand, with a
focus on commercial locations such as shopping malls, hotels and
offices, as well as high-traffic transit hubs. Meanwhile, as the
regional road network becomes better integrated, we also see the
potential in exploring roaming services in charging infrastructure
that will offer EV drivers a seamless charging experience even
when driving across borders,” commented Shah Yang Razalli,
Gentari’s Chief Green Mobility Officer.
“The
strategic partnership with Gentari marks an important milestone
for Evolt to accelerate the expansion of EV charging stations. We
have the expertise to identify the right locations for every
end-user lifestyle, both at leisure and at work, that offers
convenience to access, a seamless journey for commuters, and
sufficient coverage. Gentari has been successful in rolling out
more than 250 charging points in India and Malaysia and is gaining
popularity and user trust in the region. This MoU will see us
collaborating in the investment and expansion of charging stations
in Thailand, thus increasing our capability and readiness for EV
charging business opportunities in Asia Pacific,” added
Poonpat Loharjun, founder and CEO of Evolt Technology Co., Ltd.
Since
its introduction in June 2022, Gentari has made rapid progress in
expanding its green mobility network. As of 5 January 2023,
Gentari through its affiliated entities, has deployed 151 charging
points across 32 locations in Malaysia and a total of 132 charging
points in India. With a mission to be Asia Pacific’s
preferred green mobility solutions provider, Gentari aims to
capture 10% market share (circa 25,000 charging points based on
current estimates) across key markets in Asia Pacific by 2030. In
the mid-term, Gentari aims to install 9,000 public charging points
by 2026, with an anchored presence in Malaysia and India.