Transportation

The global enthusiasm towards #EVs is undeniable, with the #APAC region emerging as an important growth sector. While challenges persist, collaborative efforts and technological innovations in charging infrastructure, #grid stability, and R&D will pave the way for overcoming the barriers to #EV adoption.

Singapore-based marketplace for car-sharing Drive lah has successfully secured a $5 million investment round. Singapore-based transport firm ComfortDelGro (CDG) has invested $2 million, establishing them as the lead investor for this round and the preferred fleet partner for Drive lah.

Deep reinforcement learning is expected to advance 80 years of congestion modeling-based research. Scientists demonstrated in what is known as The MegaVander Test that connected autonomous vehicles (AVs) to function as mediators for mixed autonomic transportation with the aim to ease #traffic and conserve #energy.

According to Lee, BANF’s primary focal points encompass the US and China, both of which constitute the most sizable segments within the realm of ground logistics.

The shift to #EVs is not merely a response to government mandates or global pressure, but it represents an opportunity to transform the economy, improve #EnvironmentalImpact, and create a sustainable future for all. Supporting the efforts of companies at the forefront of this transition is vital as they pave the way for a greener and more sustainable…

Grab Holdings Limited and Trans-cab Holdings Ltd have on Thursday announced the signing of an agreement for Grab Rentals Pte. Ltd. to acquire 100 percent of the shares in Trans-cab. Trans-cab has a combined taxi and private-hire-vehicle (PHV) fleet of more than 2,500 vehicles, and is accretive on a net income basis to Grab’s business.

Riding on the newly-launched Carousell Certified program for cars, multi-category classifieds and recommerce marketplace Carousell is partnering car-as-a-subscription company Carzuno to launch the Carousell Car Subscription in Singapore, providing further convenience for users.

Southeast Asia’s largest integrated car eCommerce platform Carsome Group Inc. has on Monday announced the appointment of Yeoh Oon Jin to its board as its first Independent Director, effective from June 30, 2023.

Last month, Grab said it is ‘on track’ to achieve breakeven by the fourth quarter after its losses narrowed in the first quarter.

Grab, Southeast Asia’s leading superapp, has on Monday announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a travel comeback.