Grab Malaysia Advances EV Resolutions Through Strategic Industry Partnerships

PETALING JAYA, 27 March 2025 — Grab Malaysia recently signed a Memorandum of Understanding (MoU) with BYD Sime Motors, Yinson Green Technologies (M) and Power-Up Tech (P.UP) to drive adoption of electric vehicles (EVs) among Grab driver-partners nationwide. This collaboration aims to promote EV adoption and provide Grab driver-partners with accessible EV solutions while reducing carbon emissions, and contributing to Malaysia's Green Economy.

Across Southeast Asia, high upfront costs have been a significant barrier to EV adoption. Through these strategic partnerships, Grab aims to accelerate the electrification of the transportation sector by offering fleet partners and driver-partners access to EVs at competitive rates, while establishing accessible charging infrastructure/facilities:

• Encouraging EV Adoption: Integrating EVs into Grab’s platform, including plans to launch EV ride-hailing services, exclusive car pricing, and preferential leasing rates to Grab driver-partners.
• Providing Accessible EV Solutions: Developing initiatives that offer driver-partners affordable access to EVs, strategic charging infrastructure, training sessions, and maintenance support.

Rashid Shukor, Director of Country Operations and Mobility, Grab Malaysia, said, “As a leading platform for on-demand transportation and delivery services, Grab is committed to reducing our environmental impact while creating positive social outcomes. Through this collaboration, we are not only supporting Malaysia’s sustainability agenda but also empowering our driver-partners with access to greener alternatives. By working with key industry players, we aim to accelerate EV adoption and drive long-term benefits for our communities and the environment.

Present at the MoU signing ceremony was Yang Berhormat, Liew Chin Tong, Deputy Minister of Ministry of Investment, Trade and Industry (MITI), who shared, “Today’s MoUs represents a significant step in Malaysia’s green mobility journey. Through government policies and agenda such as the National Energy Transition Roadmap and New Industrial Master Plan 2030, the government has introduced tax incentives and other forms of facilitation to support EV adoption. At the same time, the transition to EVs relies on strong collaboration between the government and private sector. Grab Malaysia’s commitment today, together with its partners, exemplifies this synergy. This partnership reflects our shared vision for a more sustainable future.”

As Grab Malaysia advances this collaboration, it remains committed to accelerating the growth of Malaysia’s EV ecosystem. By working closely with the government and industry partners, Grab Malaysia aims to drive the electrification of the transportation sector while enabling its driver-partners to transition to EVs seamlessly. This initiative underscores Grab Malaysia’s ongoing efforts to support national sustainability goals and build a cleaner, greener future.

Appendix – Quotes from Partners:

1. BYD Sime Motors
   • Jeffrey Gan, Managing Director, Southeast Asia, Sime Motors shared “We are excited to partner with Grab Malaysia in making EV adoption more accessible. As the official distributor of BYD cars in Malaysia, we are committed to providing exclusive car pricing and specialized training sessions to equip driver-partners with the knowledge and tools to transition seamlessly to EVs.”
2. Yinson GreenTech
   • Chief Executive Officer, Lim Chern Yuan shared, “Yinson GreenTech is delighted to offer preferential leasing and charging rates and subscription plans to the e-hailing market. We are committed to making EV ownership more practical and cost-effective for Grab’s driver-partners and helping drivers achieve greater efficiency and cost optimisation through electrification. Ultimately, our goal is to contribute to Malaysia’s transportation electrification journey, driving a positive impact on the environment and the economy."
3. Power-Up Tech (P.UP)
   • Chin Kee Min, Group CEO for P.UP shared “Ensuring reliable EV infrastructure and eliminating downtime for charging is key to adoption. With our on demand mobile charging facilities, EV rescue services, all at preferential rates, we are supporting Grab driver-partners in their shift to greener mobility."