Tuesday 5 June 2012

ETCM forms First Energy Networks – subsidiary to build and operate charging infrastructure and system for EVs


Nissan looks like its ready to up its EV game here, what with Edaran Tan Chong Motor’s recent announcement of the incorporation of a wholly-owned subsidiary called First Energy Networks. The start-up’s principal activity, according to the statement made in its filing to the Bursa, will be to build and operate the charging infrastructure and system for electric vehicles and any related facilities.
The company already has the Nissan Leaf about, though the EV isn’t running commercially, but as part of a pilot programme to create public awareness of the car and the tech. Still, the move beyond just that now looks certain, and with the formation of the new subsidiary, ETCM looks like it’s planning early for the future.
Perhaps it’s all spurred by the suggestion that the Government may pile on more incentives for hybrid and EVs. Reports indicate that the Government is looking at various avenues to help spur the uptake of such vehicles, and the incentives will supposedly be revealed when the second revision of National Automotive Policy is announced sometime this year.