Malaysia's EV industry is expanding rapidly, creating new business opportunities for traditional engineering companies looking to diversify. With the government actively supporting EV infrastructure development, transitioning into a Charge Point Operator (CPO) business is now more attractive than ever.
However, setting up an EV charging network requires more than just hardware—it demands intelligent software solutions to manage operations efficiently.
That’s where Webby Group comes in.
1. Public-Private Partnerships: A New Growth Avenue for Engineering Firms
The Malaysian government is promoting Public-Private Partnerships (PPPs) to accelerate EV adoption, opening doors for traditional engineering and infrastructure companies to step into the CPO space.
By leveraging existing expertise in electrical, civil, and mechanical engineering, businesses can pivot toward EV charging, tapping into a fast-growing, government-backed industry.
Webby Group provides the essential software solutions to help engineering firms manage their charging networks, user interactions, and revenue streams without the need to build a complex digital infrastructure from scratch.
2. Growing Market: 10,000 Charging Stations by 2030
Malaysia aims to install 10,000 public EV charging stations by 2030, including:
9,000 AC chargers for regular charging needs and 1,000 DC fast chargers for highways and high-demand areas
This target highlights the demand for new CPOs to develop and operate charging stations. Engineering companies that enter the market now can gain an early-mover advantage.
By integrating Webby’s smart EV charging management platform, companies can efficiently handle billing, charger availability, user authentication, and real-time monitoring, ensuring seamless operations.
3. Financial Incentives for Early Adopters
To encourage investment in EV charging infrastructure, the Malaysian government offers:
- Investment Tax Allowance (GITA): Up to 100% tax exemption for five years for eligible CPOs.
- Tax Exemptions for EV Charging Manufacturers: Full income tax exemption for companies producing charging equipment.
- Individual Tax Reliefs: Home EV charger installations qualify for up to RM2,500 in tax relief until 2027.
These incentives reduce financial risks, making it easier for engineering firms to enter the CPO market and build a profitable EV charging business.
Webby’s EV Charging Software: The Missing Piece for CPOs
Transitioning from an engineering business to a CPO requires more than just infrastructure—it needs a powerful software platform to manage charging networks effectively.
Webby Group provides
- Smart Charging Management System – Monitor, control, and optimize charging stations.
- Automated Billing & Payments – Seamless transactions with dynamic pricing options.
- User Authentication & Roaming Support – Allow users to access multiple charging networks.
- Real-Time Monitoring & Predictive Maintenance – Ensure chargers remain operational with proactive alerts.
Why Now?
Malaysia's EV adoption is accelerating, and early movers in the CPO space will secure prime locations, government support, and long-term profitability. Engineering firms already have the expertise in infrastructure development—with Webby’s software solutions, they can seamlessly transition into the EV charging industry without the complexity of software development.
Is your company ready to transition into the EV charging business? Let’s talk about how Webby’s software solutions can support your journey!
Know more about Webby's EV solutions - https://www.webbygroup.com/solutions/ev-charging-platform