Transforming the Automotive
Industry with Carbon Finance

Singapore Patent Application # SP105130SG


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.

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