SP Group has announced the completion of its acquisition of Strides YTL Pte. Ltd., which operates as "ChargEco".
This will strengthen SP Group's EV charging network, with more than 1,000 public EV charging points previously operated by ChargEco now falling under SP Mobility's network.
This also now means SP Group is now operating Singapore's largest EV charging network and the nation's largest fast-charging network.
The acquisition also complements SP Mobility's ongoing investments in public charging, including the deployment of ultra-fast charging infrastructure and enhanced digital features such as cross-border roaming outside of Singapore.
For EV drivers, the integration means a more consistent charging experience across locations, with unified service support and future enhancements delivered through a single operator.
This will also expand SP Mobility's footprint in residential neighbourhoods as about 96% of ChargEco's charging sites are located in HDB carparks across the East and Central regions. As for the rest of the charging sites, they are located within commercial and private residential properties including SAFRA premises and Wisma Atria.
All ChargEco charging points will continue operating as usual through the transition. ChargEco users can continue using the existing app with no changes to their current charging journey while SP Mobility will integrate the network in phases over several months. SP Mobility will also take over customer service responsibilities to ensure continuity for users.
