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Malaysia’s Yinson Green Technologies to expand EV charging business to Singapore

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[KUALA LUMPUR]WITH demand growing for electric vehicle (EV) chargers around the region, Malaysia's Yinson GreenTech (YGT) - the green technologies division of Bursa-listed Yinson Holdings - wants to establish a network of charging hubs and stations in Singapore in the coming years.

Eirik Barclay, the executive vice-president of new ventures and technology at Yinson Holdings, told The Business Times in a recent interview that it is timely for the company to expand its mobility and energy business in Singapore as the government has shown a "clear vision" to encourage the adoption of EVs.

He cited measures in Singapore such as the Additional Registration Fee floor reduction until the end of 2023,...

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