French multinational oil and gas firm TotalEnergies has signed with Bollore Group for the acquisition of charging solution firm Blue Charge.

The deal, if passed by the relavant authorities, could make TotalEnergies the managing firm for the largest electric vehicle charging network in Singapore with up to 1,500 charge points installed across the island.

This urban charging network represents around 85% of the charge points currently under operation in Singapore, and includes those that belong to carsharing solution BlueSG.

This network has been developed with the Land Transport Authority and 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.