OCBC enters into partnership with EV charging solution provider to 'green' Singapore’s land transport sector

OCBC enters into partnership with EV charging solution provider to 'green' Singapore’s land transport sector
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SINGAPORE (Feb 15): Oversea-Chinese Banking Corporation (OCBC) and Charge+, an operator and provider of electric vehicle (EV) charging solutions, have entered into a strategic partnership in a bid to “green” Singapore’s land transport sector.

The move also contributes to the bank’s ambition of building a S$25 billion (RM76.3 billion) sustainable finance portfolio by 2025, a target that was announced in June 2020.

Both companies today signed a memorandum of understanding (MoU) that will boost Charge+’s plans of installing 10,000 EV charging points around the island by 2030, thereby contributing to the government’s revised target of having 60,000 EV charging points by 2030 ... (click on link for full story on theedgesingapore.com).