In a bid to align with Malaysia’s ambitious goal of achieving carbon neutrality by 2050, utility giant Tenaga Nasional Bhd (TNB) has committed to a rapid and responsible energy transition. The company aims to electrify 30% of its operational fleet by 2030, totaling more than 1,000 vehicles. This strategic move not only demonstrates TNB’s commitment to sustainability but also contributes significantly to the government’s target of having 20% electric vehicles (EVs) in total industry volume sales by 2030, in line with the National Automotive Policy 2020.
President and CEO Datuk Seri Baharin Din announced that TNB is accelerating its transition to electric vehicles by deploying 98 new units, comprising 78 electric pickup trucks and 20 electric vans. This brings the total number of EVs in the TNB fleet to 127, marking a substantial step towards realizing the company’s commitment to sustainability. The shift to EVs is projected to result in a yearly reduction of 2,200 to 4,833 tonnes of carbon dioxide by 2030, equivalent to approximately 88,000 to 193,320 trees as an offset.
Baharin highlighted the economic benefits of TNB’s EV adoption initiative, citing anticipated cost savings ranging from 35% to 86% on repair and maintenance, and 25% to 70% lower energy costs compared to conventional fossil fuel vehicles. Additionally, TNB expects an annual offset of approximately 6% to 12% in fossil fuel expenditure, further underscoring the financial advantages of transitioning to electric vehicles.
In addition to accelerating EV adoption, TNB is also focusing on reskilling for the EV industry, building charging infrastructure, sponsoring EV-related studies, and fostering coalitions among EV sector players. The company’s EV training hub, established by TNB Ilsas, offers reskilling for the EV industry, with a focus on fundamental knowledge such as basic battery storage and EV technology. These training sessions are certified by international bodies, ensuring that employees are equipped with the necessary skills to thrive in the evolving EV industry.
To support the growing EV ecosystem in Malaysia, TNB plans to expand its EV charging infrastructure with more than 500 charging points by 2025 across the country. This initiative is in line with the National Energy Transition Roadmap and demonstrates TNB’s commitment to driving sustainable transportation solutions in Malaysia.
In conclusion, TNB’s commitment to a rapid and responsible energy transition towards electric vehicles not only aligns with Malaysia’s sustainability goals but also brings about significant economic and environmental benefits. By accelerating EV adoption, investing in reskilling initiatives, and expanding charging infrastructure, TNB is paving the way for a more sustainable and environmentally friendly transportation sector in Malaysia.