PLUS Malaysia and Yinson GreenTech Malaysia (YGT), through their respective subsidiaries Terra PLUS and Green EV Charge, have announced the signing of a joint venture agreement to develop and operate integrated retail and electrical vehicle charging hubs at selected locations along the North-South Expressway (NSE).
This follows on the MoU signed back in June 2023, in which both parties signaled their intention to work together on developing a fast charging hub along the PLUS highway. As it was previously, the JV agreement was inked by PLUS MD Datuk Nik Airina Nik Jaafar and YGT CEO Lim Chern Yuan.
Likewise, the location, with the companies indicating that the first development will be at the Seremban RSA (southbound). The hub is expected to be ready by 2027, which is a shift from the original intention of having it up and running by 2024.
Through the JV, PLUS will lead the development and management of the hub’s commercial retail and F&B components, whilst YGT will be responsible for the installation, operation and management of EV chargers. The companies said that the hub will differentiate itself from other EV charging infrastructure by offering a complete stopover experience, mixing reliable, DC fast chargers with a vibrant retail and F&B experience.
There was no mention of the technical aspects of the chargers in the JV announcement, but YGT had previously mentioned during the 2023 MoU signing that the hub would feature eight charging bays, each with a Level 3 DCFC having a power output of up to 350 kW, allowing a suitable EV to be fully charged in as little as 20 minutes. It is not known if the design of the hub has been revised from that penned originally.
Additionally, it was also indicated back then that a second hub was being planned, with this one being located at Ayer Keroh RSA (northbound). This was also supposed to be ready by 2025, but given the new timeframe mentioned for the Seremban hub, it remains to be seen when this project will be completed.
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How much will the charging price be? Please ensure competitive prices. To put up the infrastructure cost time and money but some charging brands along/near the highway, prices are crazy at times. This will only be setbacks to EV sales and adoption. Even in KL eg in TRX, 22kW charger but charges by the minutes. Syabas to ChargEV at LowYat & Berjaya Times Sq for putting up very competitive pricings.
8 bays? Pls la future proof your hub by installing 50 bays and kick start the EV concept.