TotalEnergies acquires Singapore’s largest EV charging network
TotalEnergies has signed with Bolloré Group to acquire Bluecharge, which operates Singapore’s largest electric vehicle (EV) charging network. Upon approval by the relevant authorities, TotalEnergies will operate more than 1,500 charge points installed in the city-state.
This urban charging network represents around 85% of the charge points currently under operation in Singapore, accessible to electric vehicles’ owners as well as to the car-sharing solution BlueSG.
This network has been developed with the Land Transport Authority of Singapore (LTA) and with other partners from both public and private sectors. Local growth perspectives for electric mobility are powered by the ambition of Singapore to massively develop the EV charging infrastructure as part of its Green Plan 2030, which includes a target to reach 60,000 charge points by the end of the decade.
“With this acquisition, TotalEnergies is pursuing its transformation and adds a new name on the list of global cities, such as Paris, Amsterdam, London and Brussels, where the company is already developing its EV charge points installing and operating activities. We are committed to provide the customer experience and services in line with our future users’ expectations,” said Alexis Vovk, president, Marketing & Services, TotalEnergies.
“This urban charging network is also a key initiative for TotalEnergies in Asia-Pacific, a region where the development of electric mobility is a major challenge, deeply linked to the energy transition. We will do our intended best to make it a showcase of our expertise in this field.”
Commenting on the announcement, Ting Wee Liang, president of TotalEnergies Asia Pacific & Middle East – Marketing & Services, based in Singapore, added: “TotalEnergies is excited to enter the Singapore market to contribute towards the development of cleaner and reliable mobility solutions in the country. Today’s announcement also signals our ambition to actively participate in the Singapore Green Plan, to forge key partnerships and to accelerate developments in the region, using Singapore as a strategic launchpad.”