Tritium's Fast Chargers Make A Mark In Malaysia, As KuroEV Buys Its Charging Solutions - (DCFC)

Tritium DCFC Limited DCFC said EV charger installer and management services provider, KuroEV, has purchased its fast chargers to be deployed across Malaysia.
Malaysia currently has only 600 charging stations available for the over 10,000 EVs registered in the country.
KuroEV will deploy Tritium chargers in offices, shopping malls and commercial hubs and also intends to create its own charging network.
The move comes amidst the Malaysian government's pledge to build 10,000 EV charging stations by 2025 in partnership with the private sector.
"Our fast chargers will provide reliable, high-quality charging solutions to EV drivers in Malaysia, and we look forward to supporting KuroEV in their efforts to create a comprehensive charging network across the country," said CEO Jane Hunter.
Price Action: DCFC shares are trading higher by 4.7% at $1.16 on the last check Wednesday.