EBOOST secures investment from Grab to expand EV charging network in Vietnam
By Eve
Vietnamese EV charging platform EBOOST has received direct investment from Grab, announced on 10 July, building on a memorandum of understanding signed in November. EBOOST operates more than 2,500 charging points serving over 10,000 EV users nationwide, with its network integrated into the Grab Driver app since April to help driver partners locate stations and reduce operating costs. The investment will strengthen EBOOST's financial capacity to accelerate network expansion across Vietnam.
Why it matters: The deal signals growing corporate backing for Vietnam's public charging infrastructure and demonstrates how ride hailing fleets can anchor demand for CPO expansion. Integration with Grab's driver app offers a model for fleet focused charging partnerships in emerging EV markets.