REG-TotalEnergies SE Singapore : TotalEnergies Acquires the Largest Electric Vehicle Charge Points Network

TotalEnergies SEAnnouncement

28/07/2021 07:25

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Singapore : TotalEnergies Acquires the Largest Electric Vehicle Charge Points
Network

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed with Bolloré Group
for the acquisition of ‘Blue Charge’. Upon the approval of the relevant
authorities, TotalEnergies will manage and operate the largest electric
vehicle charging network in Singapore, with more than 1,500 charge points
installed in the city-state.

This urban charging network represents around 85% of the charge points
currently under operation in Singapore, accessible to electric vehicles’
owners as well as to the carsharing solution BlueSG.

This network has been developed with the Land Transport Authority of Singapore
(LTA) and with other partners from both public and private sectors. Local
growth perspectives for electric mobility are powered by the ambition of
Singapore to massively develop the charging infrastructure as part of its
Green Plan 2030, which includes a target to reach 60,000 charge points by the
end of the decade.

“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 provide the customer
experience and services in line with our future users’ expectations.”
declared Alexis Vovk, President Marketing & Services at TotalEnergies.
“This urban charging network is also a key initiative for TotalEnergies in
Asia-Pacific, a region where the development of electric mobility is a major
challenge, deeply linked to the energy transition. We will do our intended
best to make it a showcase of our expertise in this field.”

Commenting on the announcement, Ting Wee Liang, President of TotalEnergies
Asia Pacific & Middle East - Marketing & Services, based in Singapore,
added: “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.”

____

About TotalEnergies in Singapore

Present in Singapore for almost 40 years with around 600 staff, TotalEnergies
has activities ranging from regional headquarters, manufacturing, and research
& development. Business divisions represented include Exploration &
Production, Gas Renewables & Power, Marketing & Services (including
the Company’s largest lubricants plant and the global headquarters of
TotalEnergies Marine Fuels, located in Singapore) and Trading & Shipping.
Singapore also houses a Research & Development centre of Hutchinson and
Saft batteries’ activities.

About TotalEnergies

TotalEnergies is a broad energy company that produces and markets energies on
a global scale: oil and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, clean, reliable and accessible to as many people as possible.
Active in more than 130 countries, TotalEnergies puts sustainable development
in all its dimensions at the heart of its projects and operations to
contribute to the well-being of people.

Cautionary Note

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TotalEnergies SE directly or
indirectly owns investments are separate legal entities. TotalEnergies SE has
no liability for their acts or omissions. The terms “Company” or
“TotalEnergies company” refer collectively to the company TotalEnergies SE
and the companies it controls directly or indirectly. Such terms are used
solely for the sake of convenience for purposes of the present communication.
Likewise, the words “we”, “us” and “our” may also be used to refer
to subsidiaries in general or to those who work for them. This document may
contain forward-looking information and statements that are based on a number
of economic data and assumptions made in a given economic, competitive and
regulatory environment. They may prove to be inaccurate in the future and are
subject to a number of risk factors. Neither TotalEnergies SE nor any of its
subsidiaries assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this document
whether as a result of new information, future events or otherwise.

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR

Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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TotalEnergies SE

 


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