CIMB and Gentari join forces to drive green mobility across ASEAN

Mobility
23/12/2024 News

CIMB and Gentari Green Mobility have signed a Memorandum of Understanding (MoU) to accelerate green mobility adoption and value chain decarbonization across ASEAN. The partnership offers targeted financing solutions to support Gentari’s customers and incentivize electric vehicle (EV) adoption in Malaysia, aligning with regional climate goals.

Exclusive benefits for CIMB customers

Gentari, which operates Malaysia’s largest direct current (DC) charging network, is offering CIMB customers a 50% discount on EV charging via its Gentari Go app until January 15, 2025. This promotion is part of a broader initiative to make EV adoption more accessible, supporting the transition to a low-carbon economy.

Empowering SMEs for a sustainable future

CIMB will play a pivotal role in advancing sustainability among small and medium enterprises (SMEs) in Gentari’s value chain. Through its SMEBizReady financing and GreenBizReady™ program, CIMB provides tools, rebates, and capacity-building initiatives to help businesses implement green practices and scale their operations.

With Gentari's regional network of over 3,600 EVs and 5,000 charging points, the collaboration sets the stage for practical solutions to climate challenges. CIMB, having already exceeded its RM100 billion sustainable finance target, continues to lead in delivering impactful solutions guided by its Green, Social, Sustainable Impact Products and Services framework.

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