Charge Twenty Four Co., Ltd. Company Profile

Background

Overview

Charge Twenty Four Co., Ltd. is a Thai company specializing in electric vehicle (EV) charging infrastructure and solutions. Established on February 1, 2023, as a subsidiary of Entech Energy Co., Ltd., the company aims to address the rapidly growing demand for EV charging facilities in Thailand. Charge Twenty Four offers a comprehensive platform that integrates monitoring, management, billing, and user engagement, streamlining operations and enhancing customer experiences.

Mission and Vision

The company's mission is to provide efficient and reliable EV charging solutions, contributing to the widespread adoption of electric mobility in Thailand. Its vision is to become a leading provider of smart charging infrastructure, supporting the transition to sustainable transportation.

Primary Area of Focus

Charge Twenty Four focuses on the development and management of EV charging stations, offering both hardware (charging units) and software (management platforms) to cater to various user needs.

Industry Significance

As the EV market in Thailand experiences exponential growth, Charge Twenty Four plays a crucial role in establishing the necessary infrastructure to support this transition, thereby promoting clean energy and reducing carbon emissions.

Key Strategic Focus

Core Objectives

• Infrastructure Expansion: Rapid deployment of EV charging stations across Thailand to meet increasing demand.

• Technological Integration: Development of an all-in-one platform that combines hardware and software solutions for seamless user experience.

• Customer Engagement: Enhancing user experience through intuitive interfaces and reliable services.

Specific Areas of Specialization

• Public Charging Stations: Establishing a widespread network of accessible charging points for the general public.

• Business Solutions: Providing tailored charging solutions for businesses, including billing systems and platform management.

• Home Charging Solutions: Offering compact and efficient charging units for residential use.

Key Technologies Utilized

• Advanced Energy Management Systems (EMS): Optimizing energy distribution and storage to enhance charging efficiency.

• User-Friendly Mobile Applications: Enabling users to locate charging stations, monitor charging status, and manage payments seamlessly.

Primary Markets Targeted

• Urban Areas: High-density regions with significant EV adoption rates.

• Commercial Establishments: Businesses seeking to provide charging facilities for customers and employees.

• Residential Communities: Homeowners and residential complexes requiring private charging solutions.

Financials and Funding

Funding History

As of March 2026, Charge Twenty Four Co., Ltd. has not publicly disclosed specific funding details. The company operates as a subsidiary of Entech Energy Co., Ltd., which has a history of investing in renewable energy and clean technology ventures.

Intended Utilization of Capital

While specific funding details are not available, it is anticipated that capital investments are directed towards:

• Infrastructure Development: Establishing and expanding the network of EV charging stations.

• Research and Development: Enhancing technological platforms and integrating advanced features.

• Market Expansion: Increasing the company's presence in key urban and commercial markets.

Pipeline Development

Key Pipeline Candidates

• DC Fast Charger Series: High-speed charging units designed for rapid charging within 20-45 minutes, suitable for public charging stations.

• Sinexcel Interstellar: Compact AC chargers intended for businesses and hotels, providing overnight charging solutions.

• Dashboard Kiosk: Self-service kiosks that allow users to initiate and pay for charging sessions without the need for a mobile app.

Stages of Development

• DC Fast Charger Series: Available and operational in select locations.

• Sinexcel Interstellar: In the process of deployment in business and hospitality sectors.

• Dashboard Kiosk: Under development, with pilot installations planned in the near future.

Target Conditions

• Urban Charging Needs: Addressing the demand for quick and accessible charging in city environments.

• Business and Hospitality Sectors: Providing charging solutions for commercial establishments to attract and serve EV customers.

• Residential Charging: Offering home charging solutions for private vehicle owners.

Anticipated Milestones

• Q3 2026: Completion of initial deployment phase for DC Fast Charger Series.

• Q4 2026: Launch of Sinexcel Interstellar in key business districts.

• Q1 2027: Introduction of Dashboard Kiosk in select public areas.

Technological Platform and Innovation

Proprietary Technologies

• Integrated Charging Management System: A unified platform that oversees charging station operations, user interactions, and payment processing.

• Advanced Energy Management System (EMS): Optimizes energy distribution and storage to enhance charging efficiency and support grid stability.

Significant Scientific Methods

• Data Analytics: Utilizing data to predict peak usage times, optimize charging station placement, and improve user experience.

• Machine Learning Algorithms: Implementing algorithms to adapt charging strategies based on user behavior and energy consumption patterns.

Leadership Team

Key Executives

• Nadawan Homsuwan: Chief Commercial Officer.

• Professional Background: Extensive experience in commercial operations within the renewable energy sector.

• Contributions: Oversees business development, strategic partnerships, and market expansion initiatives.

• Kittipop Pimboot: Chief Operating Officer.

• Professional Background: Background in operations management and logistics within the clean energy industry.

• Contributions: Manages day-to-day operations, ensuring efficient deployment and maintenance of charging infrastructure.

Competitor Profile

Market Insights and Dynamics

The EV charging infrastructure market in Thailand is experiencing rapid growth, driven by increasing EV adoption and government incentives for clean energy. This expansion presents opportunities for companies like Charge Twenty Four to establish a strong market presence.

Competitor Analysis

• EVLOMO: A competitor offering EV charging solutions with a focus on urban charging stations.

• GreenCharge: Provides comprehensive charging infrastructure and management platforms for businesses and residential areas.

Strategic Collaborations and Partnerships

Charge Twenty Four collaborates with various stakeholders, including:

• Entech Energy Co., Ltd.: Parent company providing financial backing and strategic guidance.

• Local Municipalities: Partnerships to deploy charging stations in public areas.

• Commercial Establishments: Collaborations to install charging units in business premises.

Operational Insights

Charge Twenty Four differentiates itself through:

• Integrated Solutions: Combining hardware and software for a seamless user experience.

• Scalability: Ability to rapidly expand infrastructure to meet growing demand.

• Customer-Centric Approach: Focus on user-friendly interfaces and reliable services.

Strategic Opportunities and Future Directions

The company plans to:

• Expand Geographical Reach: Deploy charging stations in underserved regions.

• Enhance Technological Capabilities: Integrate advanced features like smart grid compatibility and renewable energy sources.

• Foster Strategic Partnerships: Collaborate with automotive manufacturers and energy providers to offer bundled services.

Contact Information

• Official Website: charge24.co.th

• Social Media:

• Line: @charge24