Business & Economy Startups Grab teams up with Singapore Power to roll out 200 electric vehicles

Grab teams up with Singapore Power to roll out 200 electric vehicles




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SP has committed to building 500 publicly accessible charging points within Singapore


Southeast Asian ride-hailing giant Grab has teamed up with energy utility supplier Singapore Power (SP) to bring in 200 fast-charging electric vehicles (EV) into Singapore.

These electric vehicles will be powered by SP’s pervasive fast-charging network. The company plans to roll out 500 charging points, comprising of both DC (direct current) and AC (alternating current) chargers, by 2020.

These stations will be located within close-proximity to coffee-shops and food outlets.

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Grab declined to disclose the make or the model of the EVs, only revealing that it will reveal specific details on these by the end of the year.

Grab, however, said that a full charge, which takes around 40 minutes at SP’s DC charging point, will allow the EVs to run for approximately 400km.

The electric fleet will be progressively rolled out in the country from early 2019. Driver-partners on this new model will enjoy preferential EV charging rates from SP. According to a press release, drivers can expect to earn up to 25 per cent more in daily income compared to those on a regular petrol vehicle and up to 20 per cent more daily income compared to a hybrid vehicle.

Also Read: Grab teams up with Ping An to launch online healthcare services

“The pervasive fast-charging network will provide Grab’s EV drivers with convenience and speed in charging their vehicles, while helping them to achieve energy and cost savings. This will accelerate the wider adoption of EVs in Singapore and support the nation’s efforts to reduce our carbon footprint,” said Mr Goh Chee Kiong, Head, Strategic Development, SP Group.

“We have heard from our driver-partners that a faster charge time and longer EV driving range are important considerations for them when making the switch to EVs. We have taken their feedback on board and have negotiated the best deals to bring them concrete savings and the best vehicle model to cater to their driving needs,” said Lim Kell Jay, Head of Grab Singapore.

Early this year, Grab was also exploring ways to provide ‘green’ mobility options through a tie-up with South Korean automaker Hyundai Motor. The latter offers eco-friendly cars such as its IONIQ Electric model, which offers three electrified powertrain-hybrid, plug-in hybrid and pure battery electric — in a single body type.

Image Credit: Grab

The post Grab teams up with Singapore Power to roll out 200 electric vehicles appeared first on e27.

Source: E27

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