What Charge+ Pte. Ltd. does

Charge+ Pte. Ltd., founded in September 2020 by Sunseap Group as its green mobility arm, is a Singapore-headquartered provider of integrated EV charging infrastructure and software. The company designs proprietary hardware — including an ultra-slim 7.4kW dual-connector AC charger (the "Marvel") and DC fast chargers from 60kW to 180kW (the "Turbo 600"), with a 480kW supercharging capability added via its XPENG partnership — and operates a cloud-based management platform with smart charging (load management) functionality and a consumer mobile app. The network spans six Southeast Asian markets (Singapore, Malaysia, Thailand, Vietnam, Indonesia, and Cambodia) with 6,000+ charging points, including 4,000+ in Singapore and 1,700+ across 300+ condominium partners. The operating model is Charging-as-a-Service (CaaS), combining equipment supply, installation, ongoing maintenance, and software under pay-per-use, subscription, or equipment-sale structures. Target segments span HDB public housing, private condominiums, commercial and industrial buildings, highway corridors, fleet operators (e.g., SingPost, Heineken), car dealerships, and automotive OEMs (BYD, Porsche, BMW, Mercedes-Benz). Distribution has been accelerated through local partnerships (Grab in Vietnam, KINETA in Malaysia, Harmony in Cambodia, Utomo SolaRUV in Indonesia) and the acquisition of Haup's ~50-charger Thai network. Charge+ was the first recipient of Singapore's LTA Electric Vehicle Common Charger Grant and secured the first EFS-Green loan from DBS Bank (S$21M), and has set a target of 30,000 charging points by 2030.

Name

Charge+ Pte. Ltd.

Legal name

Charge+ Pte. Ltd.

Website

https://chargeplus.com

Company type

Private

Founded year

2020

Operating status

Operating

Short description

Charge+ Pte. Ltd. is a Singapore-headquartered integrated EV charging operator running 6,000+ charging points across six Southeast Asian countries. It serves HDB towns, condominiums, commercial buildings, fleet operators, and OEMs via proprietary hardware and a Charging-as-a-Service model.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure

NAICS

Electrical Equipment Manufacturing (3353), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industries

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charging Payment & Reimbursement Programs (Public/Depot Charging) (TLABAMAK), EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet) (TLAKAMAE), EV Managed Charging as Demand Response (Residential, Fleet, Workplace) (EUAFAGAL)

Keywords

• EV charging infrastructure
• Charging-as-a-Service
• AC and DC chargers
• Smart charging software
• Fleet electrification solutions

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Charging-as-a-Service (CaaS): Primary revenue model where Charge+ invests in and operates charging stations at customer premises (public housing estates, condominiums, commercial buildings). EV drivers pay for charging on a pay-per-use basis. For selected premises, payment may be on monthly subscription basis. This asset-light model allows Charge+ to expand network without requiring customers to purchase equipment.
2. Charging Credits and Subscriptions: EV drivers purchase charging credits or subscription plans through the Charge+ app. Users earn yuu Points for every dollar spent on charging credits or subscriptions. Loyalty rebates up to 18% cashback available through DBS yuu Visa Card and PAssion POSB Debit Card partnerships.
3. Equipment Supply and Installation: Charge+ schemes include the supply, installation and maintenance of EV charging points for residential, commercial and industrial customers. First EV charging operator to implement chargers with LTA grant support (ECCG grant) in Singapore condos.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels8 records

Core offering

Charge+ provides integrated electric vehicle (EV) charging hardware, software, and charging services across Southeast Asia. The company supplies, installs, and maintains proprietary ultra-slim AC chargers and DC fast chargers (60kW-180kW) at residential, commercial, and highway locations, supported by a cloud-based management system, smart charging software with load management, and a mobile app for driver experience. It operates primarily under a Charging-as-a-Service (CaaS) model where Charge+ invests in and operates stations at customer premises while drivers pay per use.

Product overview

Charge+ is an integrated EV charging solution provider offering a comprehensive portfolio of hardware and software products. The core product suite includes proprietary ultra-slim AC chargers (Ultra-Slim and Marvel chargers), DC fast chargers (60kW, 120kW, and up to 180kW Turbo chargers), supported by the Smart Charging Software platform comprising a mobile app for drivers and a cloud-based management system for remote monitoring and power optimization. The company operates on a Charging-as-a-Service model, providing supply, installation, and maintenance of charging infrastructure across residential (HDB, condominiums), commercial, industrial, and fleet segments in Southeast Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Ultra-Slim AC Charger (Marvel) Proprietary ultra-slim AC charger with dual charging points at 7.4kW each, claimed as the world's slimmest commercial EV charger at 10cm width. Designed for plug-and-play installation in existing carparks with space and narrow column constraints, serving residential and commercial buildings.
• DC Turbocharger (120kW) High-powered DC fast charger at 120kW power rating providing rapid charging turnaround for EV drivers. Deployed at commercial sites, highway rest stops, and retail parks including the Tampines cluster.
• Turbo 600 DC Charger High-capacity DC charger offering up to 180kW power rating meeting IEC standards. Part of the fast charging product line for commercial and highway applications, supporting ultrafast charging up to 480kW DC in network deployments.
• DC Turbocharger (60kW) 60kW DC fast charger suitable for commercial and residential applications, featuring two charging connectors for charging flexibility.
• Smart Charging Software Cloud-based management system that enables remote control and monitoring of all EV chargers. Includes a smart charging solution that optimizes power distribution to allow more chargers to be installed in carparks with limited localized power supply.
• Charge+ Mobile App Mobile application providing seamless experience for locating available EV chargers, starting charging sessions, and making cashless payments. Integrates with yuu Rewards Club for loyalty points and supports subscription plans.
• Charging-as-a-Service (CaaS) Turnkey charging service where Charge+ invests in and operates charging stations at customer premises including public housing estates, condominiums, and commercial buildings. EV drivers pay on a pay-per-use basis or via monthly subscriptions at selected premises.

Quantifiable outcome

• Surpassed 4,000 EV charging points in Singapore (March 2026), growing to 6,000+ across Southeast Asia (July 2026)
• +5 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

19 partnerships are on record, tiered core and major.

• Grab VietnamcoreStrategic or Co-development Partner · 11 December 2025Partnership to develop charging and battery swapping network in Vietnam. Grab will facilitate technical infrastructure development and API integration to display Charge+ charging network on Grab platform. Goal of 5,000 charging points in Vietnam by 2030.
• XPENGcoreStrategic or Co-development Partner · 23 September 2025Partnership for Supercharging Network enabling ultrafast charging speeds up to 480kW DC. Partnership enables long-distance EV travel across Southeast Asia.
• EV Edaran Sdn BhdcoreTechnology or Integration · 13 May 2025Strategic partnership to extend EV charging infrastructure beyond Peninsular Malaysia into Sabah and Sarawak (East Malaysia). Part of Amverton Group subsidiary.
• KINETA Sdn BhdcoreTechnology or Integration · 9 May 2025Strategic partnership where KINETA serves as key enabler for Charge+'s network expansion in Malaysia. Both companies pursue joint tenders and enable roaming between networks. KINETA provides ST-certified installation and after-sales support.
• Harmony New Energy Auto Service (Cambodia)coreStrategic or Co-development Partner · 1 April 2025MOU signed to accelerate EV adoption in Cambodia. BYD drivers receive 15% discount on charging fees across Charge+ Cambodia network. Partnership covers network expansion and integrated marketing.
• BYD Auto VietnamcoreStrategic or Co-development Partner · 1 July 2024Partnership to develop EV charging infrastructure in Vietnam ensuring BYD owners and EV drivers can easily access fast and convenient charging.
• yuu Rewards ClubcoreStrategic or Co-development Partner · 1 January 2024Strategic partnership with Singapore's leading coalition loyalty program to offer up to 18% cash rebates and 36x yuu Points for EV charging. Charge+ app integrates with yuu ecosystem.
• TNB (Tenaga Nasional Berhad)majorTechnology or Integration · 1 November 2023Partnership to develop cross-border EV charging roaming platform connecting Malaysia and Singapore. EV drivers can use either TNB or Charge+ app to access both networks.
• OCBC (Oversea-Chinese Banking Corporation)coreStrategic or Co-development PartnerPartnership to enable OCBC Centre to be the biggest EV charging hub in Singapore's Central Business District with 10 EV charging points.
• Porsche VietnamcoreStrategic or Co-development PartnerPartnership to implement 17 high-powered DC charging stations across 1,700 km stretch in Vietnam for convenient long-distance EV driving experience.
• CapitaLand Development VietnamcoreStrategic or Co-development PartnerPartnership to roll out EV charging stations across all new CapitaLand Development projects in Vietnam to make all buildings EV ready.
• ChargeSinimajorTechnology or IntegrationRoaming collaboration between Charge+ (Singapore) and ChargeSini (Malaysia) allowing EV drivers to access each other's charging networks.
• PRO-NETmajorStrategic or Co-development PartnerPartnership with PRO-NET (subsidiary of PROTON, distributor of Proton e.MAS and smart EVs) to provide exclusive promotional charging rates for EV owners in condominiums where Charge+ is the provider.
• EGAT (Electricity Generating Authority of Thailand)coreStrategic or Co-development PartnerPartnership with Thai state-owned enterprise for energy generation to avail sites for charging station deployment. Both parties will conduct roaming between EV driver users for the 5,000km EV Charging Highway.
• Haup (Thailand)majorChannel Partner/ Reseller/ DistributorAcquisition of Haup's existing network of 50 EV chargers in Bangkok and Pattaya. Strategically located in shopping malls, commercial buildings and hotels.
• Ch. Pattana (Thailand)majorStrategic or Co-development PartnerPartnership with Thailand's largest electric taxi operator. Charge+ and Ch.Pattana developing comprehensive fast charging network to support expanding electric taxi fleet.
• TADA (Thailand)majorStrategic or Co-development PartnerPartnership extending beyond Singapore to Thailand where Charge+ is exclusive EV charging provider for TADA EV drivers providing seamless charging experience.
• Utomo SolaRUV (Indonesia)coreChannel Partner/ Reseller/ DistributorPartnership operating in Indonesia through Utomo SolaRUV (part of Utomodeck Group, leading roofing producer and renewable energy provider). Operations commenced in Jakarta, Surabaya and Bali.
• SingPostmajorStrategic or Co-development PartnerImplemented more than 40 EV charging points at two SingPost delivery bases, making them among largest clusters of EV charging points in Singapore. Supports SingPost's goal to electrify entire fleet by 2026.

Scale indicators20 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• EVBox: EVBox (acquired by Engie) is a European integrated EV charging provider manufacturing AC and DC chargers and operating a charging management platform across residential, commercial and public segments. Closely comparable to Charge+'s combined hardware + software + network services approach.
• Ionity: Ionity is a European high-power charging (HPC) network joint venture among automakers (BMW, Mercedes, Ford, VW, Hyundai) operating along motorways. Comparable to Charge+'s cross-border 5,000km Singapore-Hanoi EV highway, which similarly relies on automaker partnerships and high-power DC infrastructure.
• Kempower: Kempower is a Finnish DC fast charging hardware specialist supplying modular high-power chargers and a cloud-based ChargEye management system, with operations in Europe and selected Asian markets. Comparable to Charge+'s DC Turbocharger product line and network-management software stack.
• ChargePoint: ChargePoint is the largest EV charging network operator in North America, combining proprietary AC/DC hardware with cloud-based ChargePoint network management software and a Charging-as-a-Service model. Directly comparable to Charge+ as an integrated CPO with hardware, software and subscription services targeting residential, commercial and fleet customers.
• Blink Charging: Blink Charging is a US-listed EV charging equipment and network operator providing Level 2 AC and DC fast chargers with a cloud-based management platform. Direct peer to Charge+ given the overlapping CPO business model spanning hardware ownership, network services and residential/commercial channels.
• Allego: Allego is a European publicly listed charging network operator offering charging solutions, proprietary hardware, and roaming services across multiple countries. Comparable to Charge+ as a multi-country CPO with charging-as-a-service revenue model and a focus on cross-border interoperability.
• StarCharge (TELD): StarCharge is a leading Chinese EV charging hardware and network operator with full-stack AC/DC chargers, a cloud management platform, and operations across China and select international markets. Comparable to Charge+ as an integrated CPO with proprietary hardware and a focus on dense Asian urban markets.

Broad incumbents

• Shell Recharge: Shell Recharge is the global EV charging arm of Shell, deploying fast chargers at forecourts and partnering with OEMs in multiple markets including Singapore. Comparable to Charge+ as an EV charging operator in Southeast Asia but with vastly greater balance sheet and energy-supply integration.
• ABB E-mobility: ABB E-mobility is a global incumbent offering AC and DC fast charging hardware, depot solutions, and energy management software across commercial, fleet and public markets. Comparable to Charge+ as a major hardware and software provider but operating at much larger scale across broader geographies.

Emerging players

• Tritium (now part of ABB): Tritium was an Australian specialist in DC fast charging hardware for public and highway applications, now part of ABB E-mobility. Comparable to Charge+'s DC Turbocharger (60–180kW) product line as a focused DC hardware supplier; partial overlap given Charge+ also operates networks rather than selling hardware only.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfb.me/chargeplusofficialpage
• LinkedInlinkedin.com/company/chargeplusofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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+ Pte. Ltd.