KUALA LUMPUR: ChargeSini, a tech start-up in Malaysia's electric vehicle charging sector, says it has become the nation's top EV charging point operator (CPO) within 18 months since its inception in October 2022.
With over 700 charging ports deployed nationwide, ChargeSini has emerged as the fastest-growing CPO in Southeast Asia, playing a pivotal role in promoting EV adoption and green energy initiatives in Malaysia to achieve zero net emission by 2050.
ChargeSini said the EV automotive and green energy sectors represent critical industries for Malaysia's economic growth and sustainability objectives.
Hence, to continue expanding its footprint and promote EV adoption, the company seeks support from the government, leveraging initiatives such as the "National Fund-of-Funds".
"It is a Malaysian-focused fund with RM1 billion allocation to invest in high growth innovative companies," Prime Minister Datuk Seri Anwar Ibrahimr said in his keynote address at the inaugural KL20 Summit on Monday.
The KL20 Summit 2024, spearheaded by the Ministry of Economy, showcased Malaysia's commitment to fostering sustainable innovation and entrepreneurship across key sectors.
The government's strategic initiatives, as highlighted at the summit, resonate with ChargeSini's mission and business objectives, it said.
"With government support and funding, ChargeSini is committed to achieve nationwide deployment of EV charging stations, providing seamless access for all EV owners and slashing Malaysia's carbon footprint.
"Our goal is to make Malaysia a premier EV hub, then extend our impact across Southeast Asia."
It added that the expansion will be coupled with technological advancements, including the integration of AI, big data analytics, and Super-App features to solidify ChargeSini as a pioneer in green technology, driving a sustainable future throughout the region.
ChargeSini's proprietary cloud system integrates a sophisticated database that comprehensively captures data on green energy metrics, such as quantified CO2 emissions reductions, corresponding tree planting equivalents, carbon credit transactions, and adherence to carbon market regulatory frameworks.