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Tuesday, April 30, 2024

Sharge seeks partners as EV demand increases

The rapid growth of the EV industry will cause EV charger market to become saturated in the future.

Sharge Management Co, a provider of charging systems for battery-powered vehicles, is planning to expand and adjust its business by forging new partnerships or raising funds as demand for electric vehicles (EVs) grows.

Increasing demand is expected to lead to more EV charging outlets, causing Sharge Management to prepare for a shift in its business direction to focus more on electricity supply for EVs, as the EV charger market will become saturated in the future, said managing director Peerapatr Sirichantaropart.

Consumers are more interested in electric cars, reflected by high EV bookings at the 2023 Bangkok International Motor…

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