KUALA LUMPUR: EP Manufacturing Bhd has teamed up with Tenaga Nasional Bhd subsidiary Tenaga Switchgear Sdn Bhd to roll out battery swapping stations and related infrastructure across Asean including Malaysia.
The collaboration is pursuant to EPMB's electric vehicle (EV) venture and carbon credit ambitions.
EP Manufacturing, via its wholly-owned EP Blueshark Sdn Bhd, today signed a Memorandum of Understanding (MoU) with Tenaga Switchgear to explore the possibilities of localising the production of batteries and battery swapping stations regionally.
Both parties will also explore the possibilities of unifying the battery swapping stations and infrastructure networks in the target markets.
In addition, the MoU seeks to explore the possibilities of deploying battery swapping stations via Tenaga Switchgear's network in the region.
EP Manufacturing acting chief executive officer Lim Sim Yee said: "The group is working to commercially roll out its two-wheeler EV business in Malaysia and expand further into other Asean countries. For this to take place without interruption, we need a well-built battery swapping station infrastructure in the markets we are eyeing to penetrate.
EP Manufacturing is collaborating with an international technology company namely, Sharkgulf Technologies Group Ltd to manufacture, assemble and distribute battery-powered two-wheeled EVs in Malaysia and the larger Asean region.
Tenaga Switchgear, which was incorporated in 1994, is involved in the manufacturing of medium and high voltage switchgears in Southeast Asia for the electrical transmission and is venturing into energy transition products which include AC and DC EV chargers and battery swapping infrastructure.