Zero Carbon Charge (CHARGE), South Africa’s first developer of a national off-grid, solar-powered ultra-fast electric vehicle (EV) charging network, has secured a R100 million equity investment from the Development Bank of Southern Africa (DBSA). This landmark investment underscores confidence in CHARGE’s mission to build climate-resilient infrastructure and fast-track the country’s transition to a net-zero transport system. “This show of faith by the DBSA is not just financial — it is symbolic,” said CHARGE Co-founder Andries Malherbe.
The funding will support the deployment of charging stations every 150km along national roads. Fully off-grid and powered by solar with battery storage, the network bypasses Eskom, addressing EV range anxiety and grid instability.
DBSA Acting Group Executive Lebogang Seperepere noted the initiative’s broader impact: “This investment supports the EV market, creates jobs, and helps combat climate change.”
CHARGE’s model also strengthens rural economies. Landowners earn 5% of annual electricity revenue, while local employment and small businesses around each site are stimulated.
Source: DealerFloor 27 May 2025
*As of May 2025, South Africa has approximately 349 public electric vehicle (EV) charging stations, offering around 600 charging points.
