KUALA LUMPUR: Malayan Banking Bhd
(Maybank) and Tenaga Nasional Bhd (TNB), via its electric vehicle (EV) charging arm TNB Electron, have launched a strategic EV charging pilot at Maybank Academy in Bangi, marking TNB Electron’s first collaboration with a financial institution in support of Malaysia’s sustainability agenda.
In a statement, Maybank said the initiative builds on broader sustainable finance and energy transition collaboration, including its support for TNB’s Transition Finance Framework, turning strategic alignment into on-ground implementation.
Maybank president and group chief executive officer Datuk Seri Khairussaleh Ramli said the partnership underscores Maybank’s ROAR30 New Economy pillar, which focuses on advancing urban and smart city solutions, as well as the group’s sustainability commitments.
“By making EV charging more accessible and convenient, we are supporting clients in shifting to cleaner mobility while addressing a key barrier to wider full EV adoption,” he said.
He added that Malaysia’s EV ecosystem still remains at an early but promising stage with significant headroom for growth, noting that in 2025, Maybank disbursed over RM1bil in EV and qualified hybrid car financing.
Under the partnership, TNB Electron will install, operate and maintain the charging facilities, leveraging TNB’s nationwide EV infrastructure expertise and Maybank’s network to support low-carbon mobility through a scalable and reliable model.
TNB president and chief executive officer Datuk Ir. Megat Jalaluddin Megat Hassan said the collaboration marks a significant step in strengthening TNB Electron’s role as a key enabler of Malaysia’s EV ecosystem.
“With more than 260 EV charge points deployed nationwide, we are advancing grid readiness, enhancing system reliability and supporting long-term sustainability through partnerships with forward-looking organisations such as Maybank.”
Building on the pilot, Maybank and TNB Electron will explore installing EV chargers at selected branches across Peninsular Malaysia, targeting strategic locations to improve access and support EV adoption nationwide.
