SP Mobility has been developing Singapore’s EV charging infrastructure since 2018 and currently operates the nation’s largest high-speed EV charging network.
HSBC Asset Management (HSBC AM) has announced an unspecified investment into SP Mobility, an electric vehicle (EV) charging point operator in Singapore under the SP Group.
The investment, made under HSBC AM’s Energy Transition Infrastructure (ETI) team, aims to expand SP Mobility’s suite of EV charging solutions. According to a Feb 11 announcement, SP Mobility may potentially “explore opportunities for inorganic growth”.
