Yinson group CEO, Lim Chern Yuan said joint venture enabled both parties to combine their respective strengths to significantly accelerate Malaysia’s transition to a more environmentally sustainable transport network.unit Yinson Green Technologies Sdn Bhd, has signed a term sheet with GreenTech Malaysia Alliances Sdn Bhd to speed up the development of electric vehicle charging infrastructure in Malaysia.
“The joint venture will strategically leverage on Yinson’s experience in logistics, sustainability governance, technology development and synergies from its diverse business divisions, as well as ChargEV’s existing infrastructure and position as the EV charging station infrastructure provider,” it said.
“The signing of this Term Sheet follows Yinson’s recent investments into e-mobility, autonomous driverless solutions and electric harbour crafts, presenting the next step in Yinson’s roadmap of building an integrated green mobility solution,” said Lim.
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