Malaysia is a Southeast Asian country with high adoption of two- and three-wheeled electric vehicles. It’s known that the electric vehicle development in Malaysia is predicted to continue to increase from year to year. The Malaysian government even targets to be able to increase the adoption of two- and three-wheeled electric vehicles by approximately 430,000 units until 2030. Therefore, many electric vehicle companies with battery swapping innovations, which is a reliable innovation of this era, are trying to invest in Malaysia to help accelerate the electric vehicle adoption in this country. Due to the persistence of many of these companies, it’s even now known that there are top 7 battery swapping companies in Malaysia.
In this article, we’ll thoroughly discuss who are the top 7 battery swapping companies in Malaysia, and they’re Blueshark, Oyika, MOTAWILL, Gogoro, TYCORUN, Selex Motors, and SWAP Energy.
Top 7 Battery Swapping Companies in Malaysia 2025
| Ranking | Manufacturers |
| 1 | Blueshark |
| 2 | Oyika |
| 3 | MOTAWILL |
| 4 | Gogoro |
| 5 | TYCORUN |
| 6 | Selex Motors |
| 7 | SWAP Energy |
Blueshark
| Established | 2023 |
| Official Website | https://blueshark.com.my/ |
| Headquarters | Kuala Lumpur, Malaysia |
Blueshark is basically a company that focuses on the production of electric vehicles from Malaysia. Currently, Blueshark is also known to present a swapping system to facilitate the adoption of electric vehicles in Malaysia, thus successfully occupying the top position of the top 7 battery swapping companies in Malaysia. It’s known that the battery swapping systems presented by Blueshark focus on two-wheeled electric vehicles, because Malaysia is known as one of the countries with massive use of two-wheeled vehicles. The company itself is known to have just joined the battery swapping systems industry in 2023.
As a top 7 battery swapping company in Malaysia, Blueshark offers a complete swapping system, starting from batteries, two-wheeled electric vehicles with swappable designs, swapping stations, to services. It’s known that even to be able to enlarge its battery swapping scale in Malaysia, Blueshark is collaborating with a major oil and gas company, Petronas Dagangan Berhad. Therefore, many two-wheeled electric vehicle users in Malaysia can find swapping stations from Blueshark at several petrol stations. The swapping system model presented by this company itself is Battery as a Service (BaaS) or simply the user will subscribe to the battery instead of buying it.
Oyika
| Established | 2018 |
| Official Website | https://oyika.id/ |
| Headquarters | Singapore |
Oyika is basically a company based in Singapore and has been in the swapping system field since 2018. Oyika itself is known to develop battery swapping systems that focus on the Southeast Asia region only, one of them in Malaysia. This company provides innovative battery swapping stations with the aim of helping the adoption of electric vehicles (EVs), especially two-wheelers in the SEA region, to be more efficient. Hence, the company managed to occupy a place in the top 7 battery swapping companies in Malaysia.
As one of the reliable swapping systems companies, Oyika is known to offer a fairly complete swapping ecosystem. The ecosystem consists of modular batteries suitable for swapping designs, two-wheeled electric vehicles with various models, battery swap stations for empty to full battery exchange, to monitoring systems via IoT integrated platforms. The swapping system model presented by Oyika itself is a battery subscription where riders will pay for swapping services on a weekly or monthly basis. With this system, the company has succeeded in helping reduce the initial cost of purchasing an electric vehicle, because they can buy batteries separately.
MOTAWILL
| Established | 2015 |
| Official Website | https://www.motawill.com/ |
| Headquarters | Dubai, UEA |
MOTAWILL is basically a battery swap company based in Dubai, UAE. This company is known to have successfully expanded the Malaysian market, even to enter the top 7 battery swapping companies in Malaysia. MOTAWILL is known to have been involved in providing innovative battery swapping systems specifically for two-wheeled electric vehicles since 2015. The company is known to present a swapping system model with the BaaS Technology in order to help minimize users’ initial expenses.
In addition to entering the top 7 battery swapping companies in Malaysia, MOTAWILL also managed to occupy the top position in the top 10 battery swapping companies in the world. The company managed to occupy the top position on the list in line with its system reliability. It’s known that MOTAWILL’s swapping system has a high level of reliability and is composed of a complete ecosystem. MOTAWILL presents battery swapping systems, ranging from two-wheeled electric vehicles with swappable designs that can be used for urban driving.
Also, a battery with a modular design and the latest technology that’s integrated with an intelligent BMS that can monitor and maintain optimal battery conditions. There is a battery swapping cabinet that can be used to store and charge up to a 12-slot battery. It’s also known that the swapping cabinet presented by MOTAWILL has been integrated with a variety of qualified security systems that can keep batteries safe and even extend their lifespan. Additionally, each MOTAWILL swapping ecosystem has been integrated with IoT systems and clouds that can help users and operators track usage history, swapping station locations, and real-time battery conditions.
Gogoro
| Established | 2011 |
| Official Website | https://www.gogoro.com/ |
| Headquarters | Taiwan |
Gogoro is a well-known battery swapping systems company in Southeast Asia, including Malaysia. Due to its popularity, Gogoro even managed to occupy the top position in the top 7 battery swapping companies in Malaysia. Gogoro is a Taiwan-based company that has been established since 2011 in providing energy innovation, especially in two-wheeled electric vehicles. The company’s initial focus was basically producing electric vehicles, but over time Gogoro also expanded its wings into the swapping system sector which can increase the efficiency of two-wheeled driving in urban areas.
Gogoro is known to have successfully expanded internationally, one of which is in Malaysia by collaborating with various local companies. Gogoro itself is known to present a complete battery swapping ecosystem, starting from batteries, two-wheeled electric vehicles, battery exchange infrastructure called “GoStation”, to data and cloud platforms for monitoring networks and batteries. The swapping business model presented by Gogoro itself isa BaaS and open platform that allows party companies designing their electric vehicles to be compatible with their swap network through the Powered by Gogoro Network (PBGN) program.
TYCORUN
| Established | 2019 |
| Official Website | https://www.tycorun.com/ |
| Headquarters | Guangzhou, Guangdong, China |
TYCORUN is known to be one of the top 7 battery swapping companies in Malaysia. This company basically comes from Guangzhou, China and is currently known to have expanded its market to foreign countries and one of them is Malaysia. TYCORUN is known to have been involved in developing innovative battery swapping systems since 2019 and currently has also managed to occupy the top 10 battery swapping companies in Asia. TYCORUN itself is known to provide swapping systems that focus on two- and three-wheeled vehicles, which are known to be widely used in urban areas.
TYCORUN is known to present a complete swapping system, which starts from batteries with modular designs, two- and three-wheeled vehicles that have been designed with swappable systems, swapping cabinets to store full batteries and also charge empty batteries, to cloud platforms to help monitor the entire ecosystem through data analysis. Based on its system reliability, TYCORUN is known to have successfully established more than 6,000 swapping stations that are widely spread across various countries. Additionally, the company also claims to have successfully assisted in swapping more than 150,000 batteries per day.
Selex Motors
| Established | 2018 |
| Official Website | https://selex.vn/en/home/ |
| Headquarters | Hanoi, Vietnam |
Selex Motors is basically a company from Hanoi, Vietnam which is known to have been in the swapping system world since 2018. The company itself focuses on providing a reliable swapping system for two-wheeled vehicles that are known to be widely used in big cities. Currently, Selex Motors is known to be developing its swapping system abroad, one of which is Malaysia. Due to the company’s persistence, Selex Motors is even known to have managed to occupy a position in the top 7 battery swapping companies in Malaysia.
Selex Motors itself is known to develop a battery swapping systems ecosystem consisting of two-wheeled electric vehicles (e-scooters), modular batteries, swapping stations, and apps to monitor station locations and battery availability. It’s known that the swapping service offered by this company comes with a subscribtion model, where the rider will rent the battery at the swap station. Additionally, the process of swapping a depleted battery to a full one presented by Selex Motors is claimed to be done in less than 2 minutes. This can be very helpful for two-wheeled electric vehicle riders who have a super-fast time pace.
SWAP Energy
| Established | 2019 |
| Official Website | https://www.swap.id/ |
| Headquarters | Jakarta, Indonesia |
SWAP Energy is a swapping system company originating from Indonesia and is currently known to be trying to expand its market to several countries in Southeast Asia, one of which is Malaysia. The company itself focuses on special swapping systems for two-wheeled vehicles which are known to be widely used in the major cities of SEA countries. SWAP Energy is known to have been established since 2019, and because of its reliability, SWAP Energy has made it to the list of top 7 battery swapping companies in Malaysia.
The battery swapping systems offered by SWAP Energy consist of two-wheeled electric vehicles, modular batteries with swappable designs that have been integrated with IoT, swapping stations for battery exchange, and also a cloud platform. The time required to exchange at the company’s own swapping station is claimed to be done in just 9 seconds. Additionally, it’s reported that the swapping system location points owned by SWAP Energy have reached more than 1,500 points spread across various major cities in SEA, including Malaysia.
Conclusion
Based on the top 7 battery swapping companies in Malaysia discussion, it’s known that the battery swapping market in this country is continuously increasing and experiencing rapid development. Companies such as Blueshark, Oyika, MOTAWILL, Gogoro, TYCORUN, Selex Motors, and SWAP Energy have become major players in driving the clean energy ecosystem in this country. Moreover, with official support from the government, tech companies, and vehicle operators, the country could potentially accelerate the adoption of electric vehicles in Southeast Asia and globally.
FAQs
Is battery swapping more efficient than conventional charging?
It’s known that battery swapping systems can provide a full battery in less than 2 minutes on average, so of course this method is more efficient than conventional charging.
Are all electric motorcycles in Malaysia compatible with battery swapping systems?
Generally, not all two-wheeled electric vehicles in Malaysia are compatible with the swapping system, because it’s known that each battery swapping company has a different design starting from the battery and also the station. Additionally, there are some electric vehicle companies in Malaysia that are still sticking to the conventional charging system and haven’t switched to the swapping system.
What are the main challenges in developing battery swapping in Malaysia?
The most important challenges in expanding the swapping scale in Malaysia are the high initial investment in infrastructure, the difficult inter-brand standardization, and the evolving government support and regulations.
Will the swapping system replace charging stations in the future?
Battery swapping won’t replace conventional charging methods, but they will complement each other. That’s because while conventional charging is generally still required for personal use and large vehicles, the swapping system is much more efficient for light vehicles and drivers who are on a tight schedule.
Why battery swapping is gaining popularity in Malaysia?
Swapping systems are gaining popularity in Malaysia as two-wheeled electric vehicles become increasingly dominant in this country. It’s because the swapping system comes as an innovation that offers a quick, efficient, and safe solution compared to conventional charging.
What is the role of the Malaysian government in supporting the development of this innovation?
In line with the Malaysian government’s electric vehicle intensive program regarding the Net Zero Emission 2050 initiative, they’re known to continue supporting physical assistance, taxes, and a much more reliable charging and swapping infrastructure in Malaysia.
