Evolt Technology Partners With Banpu NEXT, Closing the Series-A Fundraising To Expand EV Charging Station Platform

Tuesday 09 November 2021 17:05
Evolt Technology Partners With Banpu NEXT, Closing the Series-A Fundraising To Expand EV Charging Station Platform with the goal to furnish 5,000 charging stations in Mobility as a Service (MaaS) system by 2025
Evolt Technology Partners With Banpu NEXT, Closing the Series-A Fundraising To Expand EV Charging Station Platform

Recently, Evolt Technology Company, a Thai tech startup, met with Banpu NEXT to expand access to integrated charging station platforms with digital technology and user-friendly applications to enhance work efficiency. The two energy tech firms laid out a framework for expanding consumer access to charging platforms as electric transportation becomes more readily available to the public in the coming years. The aim is to provide for 5,000 charging stations throughout Thailand by 2025 as well as to provide electric vehicles under the Mobility As a Service (MaaS) concept of Banpu Next. The announcement of this partnership was met with great approval on all sides in a bid to meet the growing demand for clean energy technology.

Khun Poonpat Loharjun, Chief Executive Officer of Evolt Technology Co., Ltd., said, "This fundraising strengthens the business connection between Banpu NEXT and Evolt Technology, Leveraging Banpu Next's strengths as the leading smart energy solution provider in the Asia-Pacific region, both parties aim to expand the sustainable energy solutions to wider industries that focus on new technology and innovation, also known as the New S-Curve. The collaboration with Banpu Next would expand Evolt Technology's business competitiveness and capability in both the domestic and international markets. Drawing on the strengths of Evolt Technology in platforms, engineering & tech development, we believe that we also would be a good strategic complement to Banpu NEXT's business to be more comprehensive."

Continuously developing innovations and solutions that meet the needs of all customer groups and with this year's growth, Evolt is committed to be the leader among end-to-end electric vehicle charging system providers in Thailand. Today, we are ready to become the first provider of E-Mobility, an electric drive solution for the automotive and electronic industries in Thailand.

Our service can be called a "Total Solution" that provides charger supply, platform and soft management, charger installation by a team of skilled engineers who are ready to respond to customer requests 24 hours a day. At present, we have 300 service points for charging stations, installed in gas stations, office buildings, condominiums, restaurants, shopping centers and leading community malls, etc. "We believe that this partnership will lay a solid foundation for Evolt Technology as a tech startup to grow sustainably and contribute to the idea of E-Mobility to drive the future with a comprehensive Total Solution and a highly specialized team," said Poonpat.

Khun Kanokwan Jitchobtham, Senior Vice President, E-Mobility from Banpu NEXT Co.,Ltd. revealed that "Banpu NEXT, the Thailand's first fully integrated alternative mobility service provider, will take the strategy of Mobility As a Service (MaaS). we aim to support leading Thai startups that operate businesses related to Smart Mobility, which Evolt Technology has expertise in charging station management platforms that will help fulfill and increase the potential of business operations, and build the ecosystem of Banpu NEXT's electric vehicle business to be stronger and more comprehensive. This partnership will allow consumers and businesses access to electric vehicles more easily. This also covers all types of mobility systems and supports all usage needs, ready to respond to the trend of sharing economy concept, including ride sharing and mobility sharing services, fleet management and charging station management to after-sales service." Today, the world's leading tech startups understand that the future trend of smart energy technology is revolutionizing the electric vehicle industry. Smart energy accelerates the completion of the concept of Ecosystem, driving the economy and social dynamics to pay attention to the environment. This Drive is a key mechanism that will support the development of a prototype smart city in Thailand to grow in the future. This partnership between Evolt Technology and Banpu NEXT is a compelling force to help create the perfect tech solution that meets all the needs of E-Mobility businesses.

Source: PR Room

Evolt Technology Partners With Banpu NEXT, Closing the Series-A Fundraising To Expand EV Charging Station Platform