Charge’s R1.8-billion bet on an off-grid EV future
Loading player...
South Africa has fewer than 400 public electric vehicle charging stations – up from zero just 15 years ago – and EV adoption remains stubbornly slow. Yet Charge, formerly known as Zero Carbon Charge, is betting big that a coast-to-coast network of off-grid, renewable-powered charging stations is exactly what’s needed to fire up the local market.
In this episode of the TechCentral Show, Joubert Roux, co-founder and director of Charge, joins TechCentral’s Nkosinathi Ndlovu to make the case for the company’s ambitious, R1.8-billion plan to roll out a charging station every 150km along South Africa’s national highways – and to explain why he believes the company is taking on “a timing risk, but not a business risk”.
Roux walks TechCentral through the December 2024 launch of Charge’s first site near Wolmaransstad and the unit economics underpinning the roll-out: just seven vehicles a day at each station are needed to reach Ebitda break-even. He also explains why every facility is designed to operate entirely off-grid, citing data showing that EVs charged on Eskom’s coal-heavy network emit 5.8 tonnes of carbon-dioxide a year, more than a comparable petrol car at 4.4 tonnes.
The conversation also tackles Charge’s unconventional fundraising strategy: a tokenised public offering on Mesh rather than a JSE listing, planned for June 2026. Roux argues that South Africa’s institutional capital is “extremely conservative” and that tokenisation will finally let ordinary investors into an infrastructure deal that has historically demanded R1-million minimums. The Development Bank of Southern Africa has already committed R100-million.
Roux and Ndlovu also discuss:
• How landowners hosting Charge stations receive 5% of charging revenue, and the rural economic development case that sits behind that model;
• The offtake agreement with transport aggregator Zimi covering 50% of capacity at upcoming N3 corridor sites;
• Charge’s formal objection to Sanral’s proposed policy giving it powers over businesses within 60m of national roads or 500m of interchanges, and the broader regulatory headwinds facing EV infrastructure;
• How BYD’s planned 1MW supercharger network and incumbent operators like GridCars – which already records 5 000 charge sessions a month – are reshaping the competitive landscape;
• Plans for 35MW truck-charging facilities and a long-term target of 120 stations across the national route network; and
• Roux’s prediction on when South Africa will hit its EV tipping point – and the two ingredients he says the market still needs: sub-R500 000 EVs and a genuinely reliable national charging network.
Don’t miss the discussion!
In this episode of the TechCentral Show, Joubert Roux, co-founder and director of Charge, joins TechCentral’s Nkosinathi Ndlovu to make the case for the company’s ambitious, R1.8-billion plan to roll out a charging station every 150km along South Africa’s national highways – and to explain why he believes the company is taking on “a timing risk, but not a business risk”.
Roux walks TechCentral through the December 2024 launch of Charge’s first site near Wolmaransstad and the unit economics underpinning the roll-out: just seven vehicles a day at each station are needed to reach Ebitda break-even. He also explains why every facility is designed to operate entirely off-grid, citing data showing that EVs charged on Eskom’s coal-heavy network emit 5.8 tonnes of carbon-dioxide a year, more than a comparable petrol car at 4.4 tonnes.
The conversation also tackles Charge’s unconventional fundraising strategy: a tokenised public offering on Mesh rather than a JSE listing, planned for June 2026. Roux argues that South Africa’s institutional capital is “extremely conservative” and that tokenisation will finally let ordinary investors into an infrastructure deal that has historically demanded R1-million minimums. The Development Bank of Southern Africa has already committed R100-million.
Roux and Ndlovu also discuss:
• How landowners hosting Charge stations receive 5% of charging revenue, and the rural economic development case that sits behind that model;
• The offtake agreement with transport aggregator Zimi covering 50% of capacity at upcoming N3 corridor sites;
• Charge’s formal objection to Sanral’s proposed policy giving it powers over businesses within 60m of national roads or 500m of interchanges, and the broader regulatory headwinds facing EV infrastructure;
• How BYD’s planned 1MW supercharger network and incumbent operators like GridCars – which already records 5 000 charge sessions a month – are reshaping the competitive landscape;
• Plans for 35MW truck-charging facilities and a long-term target of 120 stations across the national route network; and
• Roux’s prediction on when South Africa will hit its EV tipping point – and the two ingredients he says the market still needs: sub-R500 000 EVs and a genuinely reliable national charging network.
Don’t miss the discussion!
