Grace Ashiru
Zero Carbon Charge, a pioneering South African startup specializing in off-grid, solar-powered electric vehicle (EV) charging stations, has secured a R100 million (approximately US$5.6 million) equity investment from the Development Bank of Southern Africa (DBSA).
The funding will support the rollout of a nationwide network of ultra-fast EV charging stations, spaced every 150 kilometers along key national routes. Each station will be fully off-grid, powered by solar energy and backed by battery storage, reducing dependence on Eskom and easing range anxiety for electric vehicle drivers.
Beyond expanding EV infrastructure, Zero Carbon Charge’s model delivers direct benefits to rural communities:
Landowner Partnerships:
Landowners who host charging stations will earn 5% of the annual electricity revenue, offering them a reliable source of income.
Local Economic Boost:
Every charging site contributes to job creation and drives economic development in underserved areas.
DBSA’s investment reaffirms its dedication to advancing sustainable and inclusive economic growth throughout Southern Africa.
Lebogang Seperepere, Acting Group Executive for Project Preparation at DBSA, stated:
“We are pleased to invest R100 million in Zero Carbon Charge’s off-grid EV charging initiative, which will help expand South Africa’s EV market, create jobs, stimulate the economy, and contribute to climate change mitigation.”
Joubert Roux, Founder of Zero Carbon Charge, expressed appreciation:
“We commend the DBSA for its consistent professionalism and dedication during the due diligence process. Their support is truly valued, and we remain committed to delivering on our mission.”
Founded in 2023, Zero Carbon Charge is working to transform South Africa’s transport sector by offering renewable, off-grid energy solutions for electric vehicles. Its charging stations are built to function independently of the national grid, ensuring consistent and eco-friendly power for EV drivers.
