Bicester-based EZ-Charge has signed a contract that will see its technology form the backbone of a new EV charging network in Malaysia.
The tech start-up company has entered into a formal Memorandum of Understanding with Mobility Werk Group Sdn Bhd – the Malaysian subsidiary of the global corporation MW Group – for its advanced electric car charging units to be manufactured, installed and operated in-market, under licence.
The project, which could be worth tens of millions, will utilse EZ-Charge’s hardware and software, including electricity load-sharing technology.
EZ-Charge already operates more than 250 charging stations nationwide, mostly as part of long-term strategic partnerships with local authorities
The company is a wholly-owned subsidiary of Zeta Group which was founded by EZ-Charge CEO Phil Shadbolt OBE as a spin out from Oxford Brookes University.
Shadbolt said: “We are absolutely delighted to be partnering in such a massive and prestigious project and one that will totally transform the viability, usability and sustainability of electric vehicles in Malaysia.
“It’s a country of more than 32 million people and so the benefits this project delivers could be huge, not only in terms of carbon reduction, but also in terms of things like local job creation, economic regeneration and skills training.
“From the point of view of our business, this deal has already brought us lots of international attention and other countries and governments are reaching out to us to replicate the Malaysian project in their own markets.”
Zulkefli Kasim, MW Group Executive Chairman, added, “We were impressed that EZ-Charge is a wholly-owned subsidiary of Zeta Group – a company with more than 30 years of experience in smart electronic solutions innovation and has credibility in the development of renewable energy.”