TNB Aura's investment in Charge+, a leading EV charging operator in Southeast Asia, reflects a strategic approach to capitalize on the growing electric mobility market in the region.

Target Information

Charge+, a prominent electric vehicle (EV) charging operator in Southeast Asia, exemplifies a modern approach to investment through its intelligent infrastructure and management capabilities. The company has distinguished itself as a leading private player in the region, actively operating across Singapore, Malaysia, and Thailand. Charge+ boasts a strong financial foundation, having secured a debt facility for charger rollout, and a robust project pipeline which underscores its commitment to scalability and market dominance.

Through a combination of a top-tier management team experienced in scaling energy and infrastructure businesses and a significant market addressability, Charge+ is uniquely positioned to capitalize on the growing EV sector. Their proactive approach and early engagement with investors have led Charge+ to be a frontrunner in the evolving landscape of sustainable mobility solutions.

Industry Overview

The Southeast Asian market is witnessing a rapid transition towards electric mobility, driven by increasing demand for sustainable energy solutions and infrastructural investments. With global investment in EV charging infrastructure surpassing $100 billion in 2023, the sect