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Mobility

Singapore’s Charge+ Powers Up $8M Series A for EV Expansion

Nicole Kristine Jovero
Last updated: September 13, 2024 12:51 am
Nicole Kristine Jovero
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  • Charge+ secures $8M
  • Southeast Asian EV charging expands rapidly
  • Slim chargers power regional mobility revolution

Contents
Juicing up Southeast AsiaCharging across bordersPowering the future

Juicing up Southeast Asia

Charge+, Singapore’s electric vehicle (EV) charging operator, has secured $8 million in Series A funding.

TRIVE Venture Capital led the initial round, TNB Aura spearheaded the recent Series A2.

Charging across borders

The fresh capital will fuel Charge+’s ambitious plans to expand its EV charging infrastructure throughout Southeast Asia.

In Singapore, the company is set to install 4,000 charging points in public housing carparks. Beyond its home turf, Charge+ is making significant strides in Indonesia, Thailand, Vietnam, Cambodia.

Powering the future

By 2030, Charge+ aims to deploy 30,000 EV charging points globally. The company’s proprietary charger design, touted as the world’s slimmest, features a dual-connector configuration for increased utilization.

This expansion aligns with the International Energy Agency’s view of Southeast Asia as the fastest-growing area for EVs and charging infrastructure.

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