TotalEnergies announced today the acquisition of Blue Charge from French transportation, communications, and electricity conglomerate Bolloré Group. The deal will see TotalEnergies take over the largest electric vehicle charging network in Singapore.
Alexis Vovk, President Marketing & Services at TotalEnergies, said:
“With this acquisition, TotalEnergies is pursuing its transformation and adds a new name on the list of global cities, such as Paris, Amsterdam, London, and Brussels, where the Company is already developing its EV charge points installing and operating activities. We are committed to providing the customer experience and services in line with our future users’ expectations.”
Blue Charge operates more than 1,500 charge points, representing roughly 85% of installed charge points in Singapore. The acquisition positions TotalEnergies in a market poised for significant growth, with Singapore aiming to reach 60,000 EV charging points by the end of the decade as part of its ‘Green Plan 2030.’
Ting Wee Liang, President of TotalEnergies Asia Pacific & Middle East – Marketing & Services, based in Singapore, said:
“TotalEnergies is excited to enter the Singapore market to contribute towards the development of cleaner and reliable mobility solutions in the country. Today’s announcement also signals our ambition to actively participate in the Singapore Green Plan, to forge key partnerships and to accelerate developments in the region, using Singapore as a strategic launchpad.”
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