Transforming the Automotive
Industry with Carbon Finance
Singapore Patent Application # SP105130SG
*This Programme is not limited to Singapore
WHAT IS EVA?
The Singapore government aims to deploy 60,000 electric vehicle (EV) charging points across the country by 2030, with some 40,000 in public carparks & 20,000 in private premises. This extends to the phasing out of Internal Combustion Engine (ICE) vehicles with all vehicles running on cleaner energy by 2040.
The Electric Vehicle Acceleration Grouped Project (“EVA”) is an initiative undertaken by CRX CarbonBank Pte Ltd. EVA is open to Operators of charging points, owners/operators of EV fleets, or providers of services facilitating the provision of electric mobility. Such entities can participate in EVA to generate revenue from carbon credits, for benefits that include contributing to the growth of Singapore's EV space.
The EVA programme is starting in Singapore, but it plans to expand to the Asia-Pacific Region.
OUR EVA LAUNCH
On April 12th, 2022 at the Sustainable Energy Association of Singapore (SEAS), CRX x Beep discussed the launch of our new initiative called the Electric Vehicle Accelerator or EVA Program which will generate additional revenues for EVA Partners and Participants which includes Charge Point Operators / Owners, Fleet Owners, Fleet Operators including ride hailing companies and other from monetised carbon credits as well as provide grants for being part of the EVA Programme. Our first EVA Partner is the ride hailing company Gojek that signed up on April 12th itself.