Meta Bright inks JV with ChargeHere for EV charging points

KUALA LUMPUR: Meta Bright Group Bhd has inked a joint venture deal with ChargeHere EV Solution Sdn Bhd to develop, install, and operate EV (electric vehicle) charging infrastructure across Malaysia.

Meta Bright is a Main Market-listed diversified energy conglomerate while ChargeHere is an EV charging point operator (CPO) in Malaysia.

Both parties will form a new joint venture company – Meta Bright Chargesini Sdn Bhd that will operating EV charging infrastructure and focus on malls, hotels, residential, and commercial areas.

Meta Bright will hold a controlling stake of 51%, while ChargeHere will hold the remaining 49%.

ChargeHere, operating under the ChargeSini brand, currently manages Malaysia’s largest network of EV charging points with 935 charging stations across 300 locations, serving over 32,000 active users.

Through this initiative, Meta Bright aims to capitalise on the government’s ambitious National Energy Transition Roadmap (NETR), which outlines the strategic expansion of renewable energy and sustainable infrastructure nationwide, including the establishment of 10,000 EV charging stations by 2025.

The joint venture plans to install EV charging points in Johor, Penang, and Selangor.

Also, other upcoming projects include sites across Kuala Lumpur, Pahang, and Melaka.

“Our immediate and planned installations will substantially broaden our operational footprint in key urban areas, supporting national goals and meeting rising consumer demand for accessible EV charging solutions,” said Meta Bright executive director Derek Phang.