Malaysia refines EV incentives and works with TNB to expand fast-charging substations

The Malaysian government is adjusting policies and developing targeted incentives for charging point operators to accelerate infrastructure roll-out, Deputy Investment, Trade and Industry Minister Sim Tze Tzin told the Dewan Rakyat on 8 July. The government is collaborating with utility provider Tenaga Nasional (TNB) to build more power substations needed to supply direct current fast chargers as EV adoption increases.

Why it matters: Targeted CPO incentives and grid upgrades signal Malaysia's commitment to removing infrastructure barriers, creating clearer investment conditions for operators planning fast-charging networks. Substation expansion with TNB addresses a critical bottleneck for DC fast-charger deployment at scale.