Global energy company TotalEnergies has signed a deal to acquire more than 1,500 electric vehicles (EV) chargers from Bollore Group in Singapore.
Once the deal is approved by the relevant authorities, TotalEnergies will own and operate Singapore’s largest EV charging network Blue Charge.
The network accounts for 85% of the EV chargers that are in operation in Singapore.
The charges were developed in partnership with the Land Transport Authority of Singapore as part of the Green Plan 2030, which aims to address the lack of charging infrastructure and accelerate the adoption of smart mobility in the country.
The Green Plan 2030 has a target to install 60,000 EV charging points by 2030. Increasing the country’s adoption of e-mobility is in line with the government’s ambition to turn Singapore into a smart nation, reduce carbon emissions and mitigate climate change.
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Alexis Vovk, President Marketing & Services at TotalEnergies, said: “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 providing the customer experience and services in line with our future users’ expectations.
“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.”
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.”