[Update: 28 January 2021]
Charge+ announced yesterday (Jan 27) that out of the 10,000 electric vehicle (EV) charging points that it plans to install by 2030, 4,000 of these points will be located in at least 1,200 condominiums due to “strong unmet needs”.
Following this news, Charge+ has secured its first partnership with the Sky@Eleven condominium, with six charging points to be installed within the premises.
The company said that they have “garnered very strong interest from many condominiums because the upfront capital outlay, operating expenses and risk are borne by Charge+.”
EV drivers who use Charge+ charging points will pay a fixed monthly fee on a subscription basis, which is the first of its kind for EV charging in Singapore.
According to Charge+, this monthly fee will only be about half of what a driver typically spends on fuel each month.
Charge+ CEO Goh Chee Kiong said that their “pioneering Charging-as-a-Service business model will plug an important gap in the condominium segment and contribute strongly to Singapore’s vision of phasing out conventional vehicles.”
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Singapore clean energy company Sunseap Group announced today (September 29) that it has set up a green mobility business called Charge+.
With this new arm, it plans to install 10,000 electric vehicle (EV) charging points islandwide by 2030.
Sunseap hopes that this move will be a “game-changer” in catalysing EV adoption in Singapore.
This investment is also in line with Singapore’s goal of phasing out internal combustion engine vehicles for 100 per cent clean energy vehicles by 2040.
Developing Its Own Ultra-Slim Charger For S’pore Carparks
According to Sunseap, Charge+ will focus on three market segments: residential, commercial and industrial, and fleets.
It aims to install charging points in public housing estates and private developments, particularly condominiums, as well as in commercial and industrial buildings, to serve the workplace market.
Charge+ will also serve companies operating electric vehicle fleets.
“The vision of Charge+ is to address the painpoints faced by dense cities such as Singapore and become a game-changer for the EV sector,” said Goh Chee Kiong, CEO of Charge+.
“As a leading EV charging operator in Singapore, Charge+ aims to make the charging experience convenient, pleasant and affordable for residents and businesses.”
To that end, Charge+ will leverage its differentiated advantages to address the challenges faced by the EV sector.
In particular, it is now developing its own proprietary, ultra-slim charger which is specifically designed for plug and play in all existing carparks.
Designed to be compact, this charger is slated to be the world’s slimmest commercial EV charger.
As many carparks in Singapore have limited localised power supply, Charge+ will apply its smart charging solution to allow for more chargers to be installed, thereby serving more EV drivers.
This solution forms part of the secure cloud-based Management System to remotely control and monitor all the EV chargers nationwide.
“Charge+’s proprietary ultra-slim changer, designed by Singapore for the Singapore market, will facilitate EV adoption across many existing carparks,” said Ong Tze Boon, chairman of Charge+.
Charge+ will also provide EV drivers with a seamless mobile app experience that allows for ease of locating available chargers, start a charging session and payment.
Plans To Serve Dense Cities Beyond S’pore
Using Singapore as the launch market, Charge+ intends to apply its integrated solutions to serve similarly dense cities in Southeast Asia and beyond.
The company will structure its solutions on a platform-as-a-service model so as to accelerate its outreach to partners in the region.
Charge+ will leverage the existing deep technical and commercial prowess of Sunseap and at the same time, help Sunseap achieve diversification of its clean energy business portfolio.
Charge+ will also ride on the vast network of Sunseap which has so far amassed a portfolio of solar projects across over 4,000 buildings in Singapore.
“Charge+ will build on Sunseap’s vision of making clean energy affordable for everyone,” said Frank Phuan, CEO of Sunseap.
“Its roll-out plan, the largest to-date for Singapore’s EV sector, will help spur the adoption of electric vehicles in the country. Such smart city technology is the way forward if we are to make our city a greener and healthier place.”
Featured Image Credit: Sunseap