Automotive

Published on August 26th, 2024 | by Sounder Rajen

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Malaysian Government’s Statement About Tesla Investment In The Country

This comes after Tesla has officially scrapped plans for a Malaysian factory

According to recent statements from the minister, Tesla has demonstrated a significant commitment to expanding electric vehicle (EV) charging infrastructure in Malaysia. The company has made substantial investments in the country’s charging network, installing 52 Supercharger stations with 250kW capacity, 54 Wall Connector AC chargers, and over 4,500 home chargers across Peninsular Malaysia. 

Tesla

The total investment in these initiatives amounts to approximately USD13.5 million (RM59.06 million). However, it’s important to note that while Tesla has indeed set up 52 Supercharger stations, these charging points are currently dedicated exclusively to Tesla vehicles. They are intended to support Tesla’s own fleet and are not open to other EV brands. 

Moreover, after a year of installation, there are no plans to make these stations accessible to other electric vehicles, which limits their broader utility in the EV ecosystem. In addition to the Superchargers, Tesla has distributed over 4,500 home charging units to Tesla car buyers at no additional cost. 

This strategy is part of Tesla’s approach to incentivize vehicle sales, as these home chargers are provided as a complimentary feature for those who purchase Tesla cars. For customers who wish to buy a home charger separately, the unit is available for purchase at RM2,880. This pricing underscores that the home chargers are not purely an investment in infrastructure but are also a commercial product tied to vehicle sales.

On top of that, to date, Tesla has sold approximately 5,000 electric vehicles to Malaysian customers, with the total value of these sales reaching around RM1 billion. The distribution of home chargers as part of vehicle purchases plays a significant role in promoting Tesla’s market presence and ensuring that buyers have the necessary infrastructure to support their new vehicles.

While the large-scale deployment of home chargers and the Supercharger network signifies a noteworthy investment by Tesla, the focus on providing home chargers at no additional cost primarily serves to enhance vehicle sales rather than purely investing in public charging infrastructure. 

Tesla

This dual approach highlights Tesla’s strategy of expanding its market share while building out its charging network to support its growing customer base. So there you have it, this is what we know about the entire situation with Tesla here in Malaysia so far. What do you guys think about it though?

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