The Geography of Charging: Why Singapore’s EV Transition Depends on Local Competition, Not National Scale
Summary: The CCCS is reviewing SP Mobility’s acquisition of ChargEco. This decision will determine if Singapore’s EV market remains competitive or becomes dominated by one operator. While consolidation can improve efficiency, EV charging is a local business. Drivers rely on nearby chargers, so reduced competition in specific neighborhoods could lead to higher prices and lower reliability. Maintaining multiple operators ensures better service and innovation. The CCCS must decide if this merger weakens the pressure to keep chargers functional and affordable for the public. As the Competition and Consumer Commission of Singapore (CCCS) deliberates on SP Mobility’s proposed acquisition of ChargEco,
