TotalEnergies forges partnership with Goldbell to accelerate EV and car-sharing growth in Singapore and Asia

TotalEnergies announces a partnership to provide electric vehicle (EV) charging solutions for Goldbell’s car-sharing services in Singapore and Asia.

With the completion of the acquisition of Bluecharge’s EV charging network in February 2022, TotalEnergies is now operator of the largest EV charging network in Singapore. The network consists of 1,500 charge points in key locations across the country.

TotalEnergies plans to upgrade and expand the network to offer faster charging services, and to be even closer to customers. These signal our commitment to contribute to Singapore’s 2030 Green Plan, in achieving 60,000 EV charging points.

TotalEnergies and Goldbell will also work together to develop innovative e-mobility solutions for passenger vehicles and commercial fleets.

Goldbell is developing the next-generation fleet management technology, including dynamic pricing, fleet rebalancing and demand prediction to enable a seamless optimal experience for customers. TotalEnergies will complement Goldbell’s efforts by enhancing charge points accessibility and convenience, through TotalEnergies’ proprietary EV charging solutions which are interoperable and flexible.

“We are delighted to join forces with Goldbell, Singapore’s largest commercial and industry vehicles leasing company, to accelerate EV growth and car-sharing solutions in Singapore and Asia. We plan to further invest to bring greater convenience to EV users. Through our partnership with Goldbell, we will develop and pilot innovative e-mobility solutions in Singapore for car-sharing services as well as passenger vehicles and commercial fleets. Following the successful launch in Singapore, we will roll out such solutions in the region,” said Ting Wee LIANG, President, TotalEnergies Asia Pacific & Middle East - Marketing & Services.

“Goldbell is very excited to partner with TotalEnergies, a global leader in the electric vehicle charging services,” said Arthur CHUA, CEO of Goldbell Group. “TotalEnergies’ plans to grow their charge point network is very timely, given the exponential increase in demand, not only from BlueSG, but also our other core business units, such as corporate car leasing, commercial vehicle leasing and sales, and various high tech venture builds such as car sharing and car subscription. The integration of our respective next generation technology also creates the potential for us to bring a joint new mobility business solution to the global marketplace. As another step towards achieving carbon neutrality, this collaboration supports our vision for the Future of Mobility.”

Goldbell currently operates 740 BlueSG car sharing services and 8,000 passenger & commercial vehicle fleet in Singapore. TotalEnergies has a growing portfolio of charging networks in key cities around the world, including France, Netherlands, Belgium, United Kingdom, China and Singapore. All of these developments are in line with TotalEnergies’ ambition to become a major player in electric mobility.

(L-R): Ting Wee LIANG, President, TotalEnergies Asia Pacific & Middle East – Marketing & Services with Arthur CHUA, CEO of Goldbell Group at one of the dual EV charging points for BlueSG and EV passenger cars, located at a HDB public carpark.

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About TotalEnergies in Singapore
Present in Singapore for 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, Trading & Shipping, and Marketing & Services (including the largest EV charging network in Singapore, TotalEnergies’ largest lubricants plant worldwide, and the global headquarters of TotalEnergies Marine Fuels). Singapore also houses Saft batteries activities as well as a Research & Development center of Hutchinson. For more information, please visit TotalEnergies.sg.

About the Marketing & Services division of TotalEnergies
TotalEnergies’ Marketing & Services business segment offers its professional and private customers a wide range of broad energy products and services—petroleum products, biofuels, charging and related services for electric vehicles, gas for road and maritime transportation—to support them in their mobility and help them reduce their carbon footprint. Every day, over 8 million customers visit our 16,000 service-stations all over the world. As the world’s number four in lubricants, we design and sell high-performance products for the automotive, industrial and maritime sectors. And to provide the best response to the needs of our B2B customers, we deploy our sales forces, our international logistics network and our diverse offering. We operate in 107 countries, where our 31,000 employees stand close to all of our customers.

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more 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.

About BlueSG
BlueSG is Singapore's first and largest one-way electric car-sharing service. Launched in Singapore in December 2017 as part of the second phase of Singapore Economic Development Board (EDB) and Land Transport Authority's (LTA) national-level electric vehicle (EV) Car Sharing programme, this service offers a convenient, flexible and affordable transport option for Singaporeans.

BlueSG was acquired in October 2021 by Goldbell Group, Singapore’s largest player in leasing and distribution of commercial and industrial vehicles, as part of the group’s Future Mobility vision of becoming a leader in the future mobility landscape for smart cities.

BlueSG will also serve as Goldbell’s Global Headquarters for car sharing to test and develop innovative technology solutions that will support Singapore’s car-lite and energy-powered mobility vision, laying the groundwork for future international expansion. For more information, please visit: https://www.bluesg.com.sg

About Goldbell Group
Goldbell Group is Singapore’s largest player in leasing and distribution of commercial and industrial vehicles. Literally a driving force behind Singapore’s growing economy, Goldbell has been providing industry-wide transport and logistic solutions – passenger and commercial vehicles, as well as material handling equipment – for nearly four decades. The company’s diversified business portfolio operates under three main business pillars: Distribution, Leasing, and Financial Services, which deliver a suite of total business solutions (vehicle and equipment sales, leasing, financing, aftersales service, spare parts, insurance, and equipment usage training, as well as fleet management services).

Understanding the importance of innovating its core business through tech and the need to venture into new capabilities to future proof its business, Goldbell Group set up a Future Mobility division with the vision to be a leading player in the future mobility landscape for smart cities. Tapping the Group’s domain knowledge, it assesses and deploys innovative and functional technologies that complement and advances its core business. Looking beyond its existing ecosystem, it also invests in disruptive start-ups through an evergreen corporate venture capital fund, operates an accelerator to groom promising start-ups with the help of a network of strong corporate partners in the region and establish new businesses such as a shared mobility technology company and an autonomous warehousing solutions company.

Goldbell Group is one of the high-growth local companies identified by Enterprise Singapore to be part of the Scale-up SG programme. For more information, please visit: https://www.goldbell.com.sg

Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. 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. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).