The rapid growth of the electric vehicle (EVs) industry is driving significant investments in Malaysia's supply chain. In this article, we will explore the pioneering players in the Malaysian EV supply chain, their initiatives, and their contributions to a greener future.
1) Samsung SDI Energy Malaysia: Producing EV Battery Cells
Samsung SDI Energy Malaysia, a renowned global player, is making substantial investments in Malaysia to produce EV battery cells. These investments stand as a testament to the confidence investors have in Malaysia's commitment to sustainability and a greener future. The establishment of a robust battery cell production facility will not only accelerate the local EV market but also foster job creation and technological advancements.
2) SK Nexilis: Manufacturing Electro-Deposited Copper Foil for EV Batteries
Another prominent EV player from South Korea, SK Nexilis, is investing in Malaysia to manufacture electro-deposited copper foil for EV batteries. Copper foil is a critical component in EV batteries, and producing it locally will reduce dependency on imports and promote the development of a self-sustaining EV supply chain in Malaysia.
3) Volvo Car Malaysia: Electrification Plan for Assembled EVs
Volvo Car Malaysia, a well-known automobile manufacturer, has unveiled an ambitious electrification plan. The company aims to produce its first assembled EV at its manufacturing facility in Shah Alam, Selangor. This move not only demonstrates Volvo's dedication to sustainable transportation but also contributes to the country's efforts to reduce carbon emissions.
a. Volvo Trucks Malaysia: Driving the Adoption of Commercial EVs
Volvo Trucks Malaysia is at the forefront of commercial EV adoption. In the third quarter of this year (3Q23), the company will launch the country's first electric prime mover. The introduction of the Volvo Euro 5 Prime Mover, meeting international emission requirements and promoting a cleaner fleet by mid-2023, marks the beginning of a sustainable future for the commercial vehicle sector and supports Malaysia's mission towards carbon neutrality by 2050.
b. Strengthening the EV Trucks Ecosystem
Volvo Trucks Malaysia is committed to supporting the green transition in the Malaysian market. The company is working with partners to develop a heavy-duty truck safety program, promoting green logistics through EV adoption, and exploring potential charging networks. By leveraging its network of 13 dealerships across Peninsular Malaysia and East Malaysia, Volvo Trucks aims to expand its supply chain, facilitating the growth of sustainable trucks in Malaysia.
c. Continual Introduction of Sustainable Trucks
Volvo Trucks remains dedicated to introducing sustainable trucks in the Malaysian market. The company is focused on developing its talent and facilities to meet market needs, ensuring a seamless transition to a greener future for the nation.
4) Grab Holdings Inc.: Leading the EV Fleet Industry
Grab Holdings Inc., a prominent player operating across Southeast Asia, is leading the way in the Malaysian EV fleet industry. In 2021, Grab announced plans to launch a fleet of 200 EVs in Malaysia, starting with 100 units of the Hyundai Ioniq Electric and 100 units of the Proton X70. This initiative signifies Grab's commitment to sustainability and its role in shaping the future of e-mobility in Malaysia.
The electric vehicle supply chain in Malaysia is witnessing remarkable growth, thanks to the investments and initiatives of pioneering players. As Malaysia moves towards a greener and more sustainable future, these companies' efforts will play a crucial role in achieving the nation's mission towards carbon neutrality by 2050.