TOTALENERGIES SE: Singapore : TotalEnergies Acquires the Largest Electric Vehicle Charge Points Network
28 Juillet 2021 - 8:21AM
UK Regulatory
TIDMTTE
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 l
@TotalEnergiesPR
Investor Relations: +44 (0)207 719 7962 l
ir@totalenergies.com
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CONTACT:
TotalEnergies SE
SOURCE: TotalEnergies SE
Copyright Business Wire 2021
(END) Dow Jones Newswires
July 28, 2021 02:21 ET (06:21 GMT)
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