Yinson GreenTech’s chargEV Collaborates with eLoaded
to Revolutionise EV Charging Infrastructure
Through Cutting-Edge Direct Current (DC) Grid Technology
KUALA LUMPUR, 26 November 2024
chargEV, a leading charge point operator, announced an exclusive collaboration with eLoaded, a leading developer and operator in direct current (“DC”) grid technology. The collaboration sees eLoaded’s cutting-edge DC grid systems with chargEV’s expansive charging network, paving the way for faster, more efficient, and sustainable EV charging solutions.
eLoaded’s advanced DC grid technology optimises energy distribution, while the strategic integration of shared expertise will allow both companies to maximise the potential of this innovative system. Through this collaboration, chargEV’s fast charging hub will benefit from eLoaded’s advanced DC grid technology, future-proofing its EV charging infrastructure by enhancing their reliability and ensuring the highest performance during peak charge times. The advanced DC grid technology optimises energy distribution, ensuring adequate and consistent energy delivery is supplied to meet the demands of the designated charging hubs. It has the potential to support large-scale charging at up to 6.3MW while reducing energy transmission losses by up to 30%. This is in line with Malaysia’s transition towards a greener economy and its long-term vision for sustainable development, as outlined in the National Energy Transition Roadmap (“NETR”) to achieve net zero emissions target by 2050.
Another key element of this collaboration is the exchange of expertise and knowledge, whereby chargEV and eLoaded are fostering mutual growth and innovation.
“eLoaded’s DC grid technology is a game-changer for the EV industry,” said Seng Teong Chua, Managing Director of chargEV. “Our collaboration brings together the best in charging solutions and power optimisation to our fast-charging hubs. This will enable a seamless, efficient, and sustainable network that meets the demands of modern EV drivers. By sharing expertise and leveraging our collective strengths, we’re not just deploying advanced technology—we’re shaping the future of EV charging infrastructure.”
“We’re excited to collaborate with chargEV to set a new standard for EV charging infrastructure,” said Frank Steinbacher, Chief Executive Officer of eLoaded. “This partnership showcases the versatility of our DC grid technology, extending its applications beyond data centres and industrial operations to revolutionise charging infrastructure as well.”