Charge+

What Charge+ does

Charge+ is a Singapore-based integrated EV charging solution provider founded in 2020 as the green mobility arm of Sunseap Group, operating across six Southeast Asian countries (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia) with regional headquarters in each market. The company deploys and operates charging infrastructure through a Charging-as-a-Service (CaaS) and Platform-as-a-Service (PaaS) model, targeting public housing (HDB), condominiums, commercial and industrial sites, fleet operators, and automaker-affiliated networks. It claims the #1 position in Singapore's condominium market (300+ condos, 1,000+ condo charging points) and operates 4,000+ charging points across Singapore as of March 2026.

The company's core hardware stack includes the proprietary MARVEL ultra-slim AC charger (10 cm width, dual 7.4kW, described as the world's slimmest commercial EV charger), DC Turbochargers ranging from 60kW to 350kW (with planned 480kW XPeng-branded sites), and dual-gun DC hardware. These are coupled with a cloud-based Smart Charging Software for remote management, load balancing in power-constrained carparks, and a mobile app (iOS/Android) integrating yuu Rewards loyalty. The technology focus on miniaturization and smart load management specifically addresses the dense urban carpark retrofits typical in Southeast Asia.

Charge+ generates revenue primarily through pay-per-use charging credits, monthly subscription plans at selected premises, and B2B service contracts with property developers, government housing agencies, fleet operators, and automakers. Customers include DHL, SingPost, PUB, UPS, Grab, OCBC, CapitaLand, Porsche, BYD, XPeng, Hyundai, BMW, Mercedes-Benz, Heineken, and TMI Group. The company is currently raising a US$20 million Series B (announced March 2026) to fund a 5,000 km regional EV charging highway and a 30,000-charger target by 2030. In September 2025, Charge+ became the subject of a lawsuit by TotalEnergies Charging Services Singapore over a repudiated asset purchase agreement, which Charge+ has counterclaimed.

Name

Charge+

Legal name

Charge+ Pte. Ltd.

Website

https://chargeplus.sg

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Charge+ is a Singapore-based integrated EV charging operator deploying proprietary ultra-slim AC and DC fast chargers, smart charging software, and a mobile app across six Southeast Asian countries, serving public housing, condominiums, commercial sites, fleet operators, and automakers under a Charging-as-a-Service model.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure

NAICS

Battery Manufacturing (33591), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Power, Distribution & Specialty Transformers (3612), Motors & Generators (3621)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industry

EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)

Keywords

• EV charging infrastructure
• Charging-as-a-service
• Smart charging software
• EV fleet charging
• AC DC chargers

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Charging-as-a-Service (CaaS): Charge+ invests in and operates EV charging stations in the premises of partners (public housing estates, condominiums, commercial buildings). EV drivers pay for charging on a pay-per-use basis or monthly subscription basis. This model eliminates capital outlay for property partners.
2. Platform-as-a-Service: Using Singapore as the launch market, integrated solutions serve similarly dense cities in Southeast Asia and beyond. Structured on a platform-as-a-service model to accelerate outreach to regional partners.
3. Subscription Plans: Monthly subscription plans for charging services at selected premises including condominiums. Users pay for charging credits or subscription plans with options for pay-per-use.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Charge+ designs, supplies, installs, operates, and maintains EV charging points across Southeast Asia through a Charging-as-a-Service model. Its offering combines proprietary ultra-slim AC and DC fast-charging hardware, a cloud-based Smart Charging management platform with load balancing, and a consumer-facing mobile app, all targeted at property developers, building owners, government housing, fleet operators, automakers, and individual EV drivers.

Product overview

Charge+ is a leading integrated EV charging solution provider for Singapore and Southeast Asia, operating a platform-plus-modules architecture. The core offering combines proprietary hardware (Marvel ultra-slim AC chargers, DC Turbochargers ranging 60-180kW) with smart charging software (cloud-based management system, mobile app) and innovative business models (Charging-as-a-Service, Platform-as-a-Service). The company serves all key market segments including public housing, condominiums, commercial buildings, and fleets across six countries (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia), with a target of 30,000 charging points by 2030.

Differentiator

Problem solved

Functional benefit

Products and services

• MARVEL Ultra-Slim AC EV Charger Proprietary ultra-slim AC EV charger with dual charging points at 7.4kW each, 10cm width, designed as the world's slimmest commercial EV charger for plug-and-play installation in existing dense urban carparks. Used by property developers, MCSTs, commercial landlords, and HDB deployments.
• DC Turbocharger (60kW–350kW) DC fast charging stations ranging from 60kW to 350kW power capacity, including 120kW Turbo DC and 350kW ultra-fast configurations for rapid EV charging at commercial sites, highways, and fleet depots.
• MV72 Dual Charging Gun DC Charger DC charger with dual charging guns enabling simultaneous charging of two vehicles from a single unit, supporting higher throughput at constrained sites.
• Smart Charging Software Platform Cloud-based management platform enabling remote control, monitoring, and smart charging load management of Charge+ EV chargers nationwide, optimising power distribution where local grid capacity is limited.
• Charge+ Mobile App Mobile application for iOS and Android that lets EV drivers locate available Charge+ charging stations, start charging sessions, make cashless payments, and earn yuu Rewards loyalty points.
• Charging-as-a-Service (CaaS) Managed service in which Charge+ invests in, installs, operates, and maintains EV charging stations on partner premises, with EV drivers paying per-use or via subscription. Removes capital outlay for property developers, MCSTs, commercial landlords, and government housing.
• Platform-as-a-Service (PaaS) Integrated platform offering for Southeast Asian partner cities, structured on a Platform-as-a-Service model to accelerate regional rollout of Charge+'s combined hardware, software, and operating stack.
• XPeng 480kW Supercharging Network Co-developed ultra-fast charging network with XPeng supporting up to 480kW DC charging speeds across Southeast Asia, capable of charging compatible XPeng EVs from 10% to 80% in approximately 12 minutes.

Quantifiable outcome

• 4,000+ EV charging points deployed in Singapore
• +3 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

19 partnerships are on record, tiered core and major.

• Grab VietnamcoreStrategic or Co-development Partner · 11 December 2025Partnership to expand charging and battery swapping stations in Vietnam, providing Grab driver-partners and other EV users with easy access to flexible and reliable charging solutions.
• Dongfeng MotorsmajorStrategic or Co-development Partner · 3 November 2025Partnership with Dongfeng Motors at SIEW 2025 to develop charging infrastructure and volume sales in the region, supporting Dongfeng's expansion into Singapore's EV market.
• SKS GroupmajorChannel Partner/ Reseller/ Distributor · 1 November 2025Charge+ and SKS Group launched the closest DC charger to the Singapore-Johor Bahru Causeway at Capri by Fraser, Johor Bahru. The 60kW DC charger is part of Charge+'s cross-border charging network.
• XPengcoreStrategic or Co-development Partner · 23 September 2025Charge+ and XPeng launched an EV fast-charging network in Southeast Asia on September 23, debuting with four charging stations in Singapore, Malaysia, and Thailand offering up to 350 kW charging speeds. Both companies will invest in expanding the network to 20 locations by 2026, including Indonesia, with future stations adopting XPeng's proprietary 480 kW fast-charging technology.
• yuu Rewards ClubmajorGTM or Marketing Partner · 14 July 2025Partnership with Singapore's leading coalition loyalty program offering up to 18% cash rebates when paying with DBS yuu Visa Card/PAssion POSB Debit card. EV drivers can earn up to 36x yuu Points.
• EV Edaran Sdn BhdmajorChannel Partner/ Reseller/ Distributor · 13 May 2025EV Edaran, a subsidiary of Amverton Group, partnered with Charge+ to develop EV charging infrastructure in Sabah and Sarawak of East Malaysia, accelerating EV adoption beyond Peninsular Malaysia.
• KINETAcoreStrategic or Co-development Partner · 9 May 2025KINETA, a Sime Darby company, serves as key enabler of EV charging infrastructure for Charge+'s network expansion in Malaysia. Both companies will pursue joint participation in large-scale tenders and roam with each other.
• PRO-NET (PROTON subsidiary)majorGTM or Marketing Partner · 7 May 2025PRO-NET, exclusive distributor of Proton e.MAS and smart EVs, partnered with Charge+ to enhance EV ownership convenience. Proton e.MAS and smart EV owners enjoy exclusive promotional charging rates in condominiums where Charge+ is the charging provider.
• ChargeSinimajorChannel Partner/ Reseller/ Distributor · 1 May 2025Leading EV charging operators Charge+ from Singapore and ChargeSini from Malaysia signed a roaming collaboration agreement, allowing EV drivers access to each other's networks for enhanced cross-border charging convenience.
• Harmony AutomajorStrategic or Co-development Partner · 1 April 2025Charge+ Cambodia and Harmony Auto signed MOU to power Cambodia's EV future, supporting EV growth and contributing to a low-carbon transportation system.
• BYD Auto VietnamcoreStrategic or Co-development Partner · 1 July 2024Partnership to develop EV charging infrastructure in Vietnam, ensuring BYD owners in particular and EV drivers in general can easily access and enjoy a fast and convenient charging experience.
• Porsche VietnamcoreStrategic or Co-development Partner · 1 January 2024Porsche and Charge+ joined forces to implement 17 high-powered DC charging stations across a 1,700 km stretch in Vietnam, offering convenient charging experience for EV owners and making long-distance EV driving seamless.
• CapitaLand Development VietnamcoreChannel Partner/ Reseller/ Distributor · 1 January 2024CapitaLand Development Vietnam will roll out EV charging stations across all their new developments in partnership with Charge+ to make all their buildings EV ready.
• TNB (Tenaga Nasional Berhad)majorChannel Partner/ Reseller/ Distributor · 8 November 2023TNB partnered with Charge+ to develop a cross-border EV charging roaming platform connecting Malaysia and Singapore. EV drivers can use the mobile app of either TNB or Charge+ to access charging points operated by the other company.
• Ch.PattanamajorStrategic or Co-development Partner · 1 January 2023Thailand's largest electric taxi operator partnered with Charge+ Thailand. With plans to rapidly expand its electric fleet, both parties will develop a comprehensive fast charging network in Thailand to support this fleet.
• HaupmajorChannel Partner/ Reseller/ Distributor · 1 January 2023Charge+ acquired Haup's existing network of 50 EV chargers in Bangkok and Pattaya, strategically located in shopping malls, commercial buildings and hotels. Charge+ will further expand this EV charging network.
• EGAT (Electricity Generating Authority of Thailand)coreChannel Partner/ Reseller/ Distributor · 1 January 2023EGAT, Thai state-owned enterprise for energy generation, partnered with Charge+ to avail sites in Thailand for charging stations. Both parties will conduct roaming between EV driver users for the 5,000km EV Charging Highway.
• TADAmajorGTM or Marketing Partner · 1 January 2023Charge+ extended partnership with TADA, a leading private hire platform provider, beyond Singapore to Thailand. Charge+ is the exclusive EV charging provider for TADA EV drivers.
• Utomo SolaRUVcoreChannel Partner/ Reseller/ Distributor · 1 January 2023Charge+ operates in Indonesia through partnership with Utomo SolaRUV, part of Utomodeck Group (leading roofing producer and renewable energy solution provider). Operations commenced in Jakarta, Surabaya and Bali.

Scale indicators12 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• ComfortDelGro Engie: ComfortDelGro Engie is a joint venture between ComfortDelGro and ENGIE that operates EV charging stations in Singapore, including blue-and-white ChargENow chargers. It directly competes with Charge+ in Singapore's commercial, condo, and HDB segments with similar AC/DC charging portfolios and roaming partnerships.
• TotalEnergies Charging Services: TotalEnergies operates EV charging services across Singapore and Southeast Asia through its subsidiary TotalEnergies Marketing Asia-Pacific Middle East. It directly competes with Charge+ in commercial and public charging, and is currently litigating with Charge+ over an asset purchase agreement that was repudiated.
• ChargeSini: ChargeSini is a leading Malaysian EV charging operator with a focus on condominiums and commercial properties. It is both a roaming partner and direct competitor to Charge+ in Malaysia, operating comparable AC charger deployments in residential and commercial carparks.

Broad incumbents

• SP Group (Singapore Power): SP Group is Singapore's largest electricity utility, where Charge+ CEO Goh Chee Kiong previously led New Energies. SP Group operates EV charging programs in Singapore as part of its broader grid and energy services portfolio, making it a broad incumbent competing across multiple charging use cases.
• Shell Recharge: Shell Recharge is Shell's global EV charging network, including Shell Singapore and Shell Recharge Solutions for cross-border roaming. It competes with Charge+ in public DC fast charging and has substantially deeper capital reserves to fund regional network expansion.
• ChargePoint: ChargePoint is one of the largest global EV charging networks with extensive hardware and software offerings, including AC and DC chargers and a cloud-based management platform. It competes with Charge+ as a broader incumbent in the EV charging software and hardware category worldwide.
• EVgo: EVgo is a US-based public fast-charging network operator with a nationwide DC fast charging footprint. As a broad incumbent, it shares Charge+'s focus on operating third-party charging networks but operates at much larger scale in the North American market.
• ABB E-mobility: ABB E-mobility is a leading global manufacturer of EV charging hardware (AC and DC) and provider of charging software. While primarily a hardware vendor, ABB competes with Charge+ for high-power DC fast charging deployments and provides chargers used by many network operators including Charge+ itself.

Regional players

• TNB (Tenaga Nasional Berhad): TNB is Malaysia's largest electricity utility and has invested in EV charging infrastructure through TNB Aura. It is a regional peer competing with Charge+ Malaysia through its charging-as-a-service model and cross-border roaming partnership.

Emerging players

• StarCharge: StarCharge is an Asian EV charging equipment manufacturer and network operator with operations in China and Southeast Asia. As an emerging player in the region, it provides hardware and software solutions overlapping with Charge+'s platform-plus-modules approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/chargeplusofficialpage
• LinkedInlinkedin.com/company/chargeplusofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Charge+