CHRG Electric Vehicle Technologies Secures Japan Funding

CHRG Secures First Equity Investment From Japan

CHRG Electric Vehicle Technologies has secured its first equity investment from two Japan-based companies, Leave a Nest Group and IGNYSIA Holding. The transaction was completed on September 24, 2026, and announced by the company on September 25. The investment marks a new funding milestone for the University of the Philippines Diliman spin-off, which developed its CharM rapid EV charging technology through research conducted at UP Diliman. The partnership was formally signed at the UPSCALE Innovation Hub at the university, establishing a Japan-Philippines investment connection around EV charging technology and infrastructure development.

Investment Targets Philippine EV Charging Infrastructure

CHRG said the new funding will support the expansion of electric vehicle charging infrastructure in the Philippines. A key part of the planned expansion is a charging highway designed to connect the country's islands, addressing the infrastructure requirements associated with broader EV adoption across geographically separated areas. The investment therefore provides financial support for CHRG's efforts to advance its charging infrastructure plans while building on the company's CharM rapid charging technology. The development also links the company's university-originated technology with a broader infrastructure objective focused on improving charging connectivity within the Philippine market.

University Spin-Off Reaches EV Sector Funding Milestone

CHRG said the investment partnership makes it the first university spin-off in the Philippine EV sector to receive this type of funding. The company originated from research at the University of the Philippines Diliman and developed its CharM rapid EV charging technology as part of that research. The transaction with the two Japan-based investors represents a significant financing milestone for the spin-off as it moves toward expanding its charging infrastructure activities. The partnership also provides a direct connection between CHRG and Japanese companies while supporting the company's stated plans for EV charging development in the Philippines.

Japan-Philippines Partnership Supports Charging Expansion

The investment brings together CHRG's Philippine university research background and the participation of two Japan-based companies, creating a cross-border partnership centered on EV charging infrastructure. For CHRG, the funding is intended to help move its charging plans forward, including the proposed charging highway connecting the country's islands. The transaction was completed on September 24 before being publicly announced the following day, while the investment partnership was signed at the UPSCALE Innovation Hub at UP Diliman. These details establish the financing as both a corporate investment and a milestone for university-linked EV technology development in the Philippines.

Industry Impact & Outlook

CHRG's first equity investment could strengthen the ability of a Philippine university spin-off to move rapid EV charging technology toward broader infrastructure deployment, particularly through its planned island-connecting charging highway. The involvement of Japan-based investors adds an international dimension to the company's expansion plans while providing funding for charging infrastructure in the Philippines. The immediate significance is the potential to advance CHRG's stated infrastructure program and build on its CharM technology, with future progress depending on how the company develops and implements its planned charging network. The investment also highlights the role of university-developed technology in the Philippine EV sector.

Frequently Asked Questions

What is the significance of CHRG Electric Vehicle Technologies' investment?
CHRG Electric Vehicle Technologies' first equity investment marks a funding milestone for the University of the Philippines Diliman spin-off and supports its plans to expand EV charging infrastructure in the Philippines. The investment came from Japan-based companies Leave a Nest Group and IGNYSIA Holding, with the transaction completed on September 24, 2026. CHRG said the funding will support its charging infrastructure expansion, including a planned charging highway connecting the country's islands, while building on its CharM rapid EV charging technology developed through research at UP Diliman.