Charge+ to build 5,000 km EV charging highway in Southeast Asia

By Nguyen Thuy
Fri, May 19, 2023 | 8:43 am GMT+7

Electric vehicle charging solutions firm Charge+ will develop an EV charging highway of 5,000 kilometers across Singapore, Malaysia, Thailand, Cambodia, and Vietnam, with the first stations to be operational by end-2024.

An EV charging of Vietnamese carmaker VinFast in Vietnam. Photo courtesy of the firm.

An EV charging of Vietnamese carmaker VinFast in Vietnam. Photo courtesy of the firm.

The charging highway will be the longest in Southeast Asia and one of the longest of its kind worldwide, the Singapore-headquartered firm said Wednesday.

The green mobility unit of Singapore-based Sunseap Group said EV drivers “can look forward to using the Charge+ App to conveniently access 45 direct current fast charging locations spanning the countries.”

Of the 45 locations, Charge+ has confirmed 18 locations in the first phase where it will invest in, own and operate the charging stations. These stations will be operational by the end of 2024 and include urban charging hubs in six key cities, namely Singapore, Kuala Lumpur, Bangkok, Phnom Penh, Ho Chi Minh City, and Hanoi.

The remaining 27 locations will be ready by the end of 2025 and comprise both stations owned by Charge+ and stations owned by strategic partners which have allowed Charge+ to roam with them.

“In Southeast Asia, EVs suffer from the persistent perception that they are inconvenient for long-distance and cross-border travel. We are therefore excited to unveil this 5,000km EV charging highway project which will revolutionize the societal perception of EVs in this region and provide EV drivers with much-needed confidence,” Goh Chee Kiong, CEO of Charge+, said in an announcement.

“This project is made possible by our extensive operations across Southeast Asia as well as strategic partnerships in roaming opportunities which will further expand our network,” he said.

Charging stations in the project will be located about 120 km apart on average, and either directly on the highway or less than 2 km from interchanges.

The Singapore firm also announced that Thailand's state-owned enterprise EGAT is its newest strategic partner.

“EGAT is providing Charge+ with a site in Thap Sakae, about 320 km south of Bangkok, to set up a DC (direct current) charging station. In addition, EGAT will partner Charge+ on roaming so that Charge+ users can use the same Charge+ App to access EGAT charging stations in Thailand seamlessly.”

In Vietnam, EV maker VinFast of the country's largest conglomerate Vingroup launched its 24/7 mobile charging service and mobile repair nationwide this February.

In Vietnam, EGAT’s international arm EGATi has abandoned its 1,320-megawatt coal-fired power project in Quang Tri province.

EGATi said the reasons to call off its proposed project are a lack of funding and Vietnam’s carbon-neutral target by 2050, which discourages coal-fired power plans and promotes renewable sources like wind, solar, biomass, and hydrogen projects.

Comments (0)
  • Read More
Former parliament chair’s aide stripped of Party membership

Former parliament chair’s aide stripped of Party membership

The Vietnamese Party Central Committee’s Secretariat has decided to expel Pham Thai Ha, assistant to former Chairman of the National Assembly Vuong Dinh Hue, from the Party.

Politics - Tue, May 14, 2024 | 10:05 pm GMT+7

Mekong Capital’s investee companies expand presence

Mekong Capital’s investee companies expand presence

A number of companies in the investment portfolio of Mekong Capital, a leading fund manager in Vietnam, have expanded their operations in the Southeast Asian country.

Companies - Tue, May 14, 2024 | 7:35 pm GMT+7

Vietnam welcomes Chinese high-tech investments: PM

Vietnam welcomes Chinese high-tech investments: PM

Vietnam welcomes major investments from Chinese business giants, particularly in the high-tech sector, Prime Minister Pham Minh Chinh said Tuesday.

Industries - Tue, May 14, 2024 | 5:46 pm GMT+7

Navigating Global Minimum Tax rules

Navigating Global Minimum Tax rules

Dang Ngoc Minh, deputy head of the General Department of Taxation, gives his insight into the status of Pillar 2 implementation of the Global Minimum Tax (GMT) in Vietnam, takeaways from Resolution No. 107/2023/QH15, and the Government's plan to build a follow-up decree.

Consulting - Tue, May 14, 2024 | 4:49 pm GMT+7

Bamboo Capital plans 50% charter capital increase to achieve ‘spectacular’ growth targets

Bamboo Capital plans 50% charter capital increase to achieve ‘spectacular’ growth targets

Bamboo Capital Group JSC, listed on the Ho Chi Minh Stock Exchange as BCG, has finalized the list of existing shareholders as it plans to raise its charter capital by 50% to service debt and finance operations.

Companies - Tue, May 14, 2024 | 4:19 pm GMT+7

Vietnam central bank eases conditions, sells 48% gold offered at sixth auction

Vietnam central bank eases conditions, sells 48% gold offered at sixth auction

Easier conditions helped Vietnam’s central bank sell 8,100 taels of gold Tuesday, 48.2% of the volume offered in the sixth auction since it resumed auctions last month after 11 years.

Finance - Tue, May 14, 2024 | 3:37 pm GMT+7

$420 mln residential project in southern Vietnam awaits investors

$420 mln residential project in southern Vietnam awaits investors

Long An’s Planning and Investment Department is seeking investors for the VND10.66 trillion ($418.8 million) Thanh Phu residential and commercial complex project in the southern province.

Real Estate - Tue, May 14, 2024 | 3:31 pm GMT+7

Vietnam to buy electricity from 250-MW wind power project in Laos next year

Vietnam to buy electricity from 250-MW wind power project in Laos next year

Vietnam is set to purchase electricity from the 250-MW Truong Son wind power project in Laos, starting Q4/2025.

Energy - Tue, May 14, 2024 | 2:07 pm GMT+7

Vietnam data market charms foreign players: property firms

Vietnam data market charms foreign players: property firms

A host of foreign companies are looking to invest in data centers in Vietnam given its substantial growth potential while the market is still dominated by local telecommunication firms, says property service provider Jones Lang LaSalle (JLL).

Infrastructure - Tue, May 14, 2024 | 11:26 am GMT+7

LG’s chemicals arm records modest 2023 profits in Vietnam

LG’s chemicals arm records modest 2023 profits in Vietnam

LG Chem, Ltd, the chemicals arm of South Korean chaebol LG, reported modest profits from its subsidiaries in Vietnam in 2023, according to the firm’s consolidated financial statements.

Companies - Tue, May 14, 2024 | 11:11 am GMT+7

Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam’s policymakers need to consider changes to foreign direct investment incentives to keep the country competitive when it implements Global Minimum Tax rules, says Prof. Nguyen Mai, chairman of the Vietnam’s Association of Foreign Invested Enterprises (VAFIE).

Opinion - Tue, May 14, 2024 | 9:37 am GMT+7

Malaysia pledges to boost energy connectivity

Malaysia pledges to boost energy connectivity

Malaysia commits to cooperating with its ASEAN counterparts to push forward regional initiatives such as the ASEAN Power Grid, which is aimed at fortifying energy connectivity and security throughout the region, the country's Deputy Prime Minister Fadillah Yusof said on Monday.

Southeast Asia - Tue, May 14, 2024 | 8:49 am GMT+7

Japan supports Indonesia to build high-speed rail line in capital

Japan supports Indonesia to build high-speed rail line in capital

The Japanese government announced on Monday that it will provide a loan of approximately JPY140.7 billion ($900 million) to construct a high-speed rail line in Jakarta, Indonesia.

Southeast Asia - Tue, May 14, 2024 | 8:44 am GMT+7

Singaporean PM submits resignation

Singaporean PM submits resignation

Singaporean Prime Minister Lee Hsien Loong on Monday submitted his resignation to President Tharman Shanmugaratnam, saying he and his government will resign on Wednesday.

Southeast Asia - Tue, May 14, 2024 | 8:09 am GMT+7

Singapore’s robot startups eye global market

Singapore’s robot startups eye global market

From autonomous floor cleaning to robotic arms in warehouses, Singapore-based robotics startups are expanding their production and research capacity to tap into Asian markets and beyond, targeting companies eager to address labour shortages.

Southeast Asia - Tue, May 14, 2024 | 8:03 am GMT+7

Thai tourist buses allowed to enter Malaysia

Thai tourist buses allowed to enter Malaysia

Buses from Thailand are allowed to enter Malaysia to bring in tourists, provided they apply for temporary permits from the Land Public Transport Agency (APAD) in advance, said Malaysian Minister of Transport Anthony Loke.

Southeast Asia - Tue, May 14, 2024 | 8:00 am GMT+7