Malaysia’s Ministry of Science, Technology, and Innovation (MOSTI) has launched The NanoMalaysia Energy Storage Technologies Initiative (NESTI) Program to support the development, validation, and commercialization of domestic electric vehicle (EV) technology. It further aims to position the country as a major exporter of EV components in the ASEAN region.
NESTI, which was presented in the country’s national development plan, 12th Malaysian Plan (RMK-12), focuses on energy storage solutions such as batteries, ultra-capacitors, hydrogen storage and reactors, energy management systems, and battery recycling. This is in keeping with the rising assumption that public acceptance of electric cars will expand in the near future, as they are energy efficient and just require a charging infrastructure that includes a battery exchange system. Dr. Adham Baba, Minister of MOSTI, has underlined the possibility of electric vehicles (EVs) to be used for local public transportation and delivery services by 2030.
Also, under the Malaysia Grand Challenge, MOSTI has awarded the Strategic Research Fund to NanoMalaysia for its Enabling Mobility Electrification for Green Economy (EMERGE) initiative. EMERGE will enhance energy storage and management systems, the Internet of NanoThings, and create off-grid green charging stations, as well as produce EV prototypes through the firm’s Nano Technology Commercialization Program. Additionally, EMERGE has also established The Rapid Electric Vehicles Innovation Validation Ecosystem (REVIVE) to focus on the conversion of regular engines to electric engines.
The 10-10 Science, Technology, Innovation, and Economic Frameworks (10-10 MySTIE) program, which supports the National Science, Technology, and Innovation Policy (DSTIN) 2021-2030, is based on MOSTI’s desire to strengthen the country’s electric car sector. It also corresponds to the National Automotive Policy (NAP) 2020, the National Transport Policy (NTP) 2019-2030, and the Low Carbon Mobility Blueprint 2021-2030.
(Sources: The Edge Markets; News Straits Times; The Sun Daily)
