TNB EV leasing

Tenaga Nasional Bhd (TNB) is crucial for Malaysia's energy stability and the transition to a green economy, particularly in the electric vehicle (EV) sector. The company is set to increase its investment during the Fourth Regulatory Period (RP4) from 2025 to 2027, focusing on enhancing infrastructure to meet rising energy demands, in line with the National Energy Transition Roadmap (NETR). Meanwhile, in Europe, the leasing market for EVs faces challenges due to rising rental prices and falling resale values, prompting warnings from industry leaders about potential market exits if pressure to transition too quickly persists. In contrast, China's EV market is booming, expected to grow significantly by 2029, aided by government incentives, while Chinese manufacturers are outpacing U.S. competitors. However, despite high EV sales, China's charging infrastructure faces profitability issues due to underutilization. Overall, the global EV landscape is marked by both growth opportunities and significant hurdles across different regions.