Singapore’s Grab has made a strategic investment in Vietnamese electric vehicle charging company EBOOST, with a target of deploying more than 6,000 charging ports for cars and motorbikes in Vietnam by early 2028.

In separate statements on Tuesday and in early July, EBOOST said the investment follows a memorandum of understanding signed between the two companies in November 2025. Financial details were not given.

Nearly half of the planned 6,000 charging ports are to be allocated in Hanoi, as part of a cooperation agreement signed between Hanoi and Grab Vietnam in June 2026. Under that agreement, Grab and its partners will work with the Hanoi Department of Construction to deploy shared public EV charging infrastructure. The focus is to connect charging stations across the city to allow drivers to locate, charge, and pay through the Grab Driver app.

At the time of the initial MoU, EBOOST operated more than 2,500 charging points, serving more than 10,000 users across Vietnam. Since April 2026, EBOOST’s charging network has been integrated into the EV Charging feature on the Grab Driver app, with more than 400 charging ports now connected to the system. The return usage rate among driver partners is more than 70 percent within seven days of first use.

In the next phase, Grab and EBOOST plan to integrate thousands of additional charging points for electric motorbike driver partners.

EBOOST operates on proprietary software and said its infrastructure is designed to serve both four-wheel vehicles, including fully electric cars, plug-in hybrid vehicles, trucks, and buses, and two-wheel electric motorbikes.

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