Asian rideshare giant Grab invests in EV fleet, partners with SP Group for fast charging

Singapore-based Grab, which operates rideshare services in seven Southeast Asian nations (and acquired Uber’s Southeast Asian operations in March), has announced a strategic partnership with Singapore electric utility SP Group.

Grab plans to add 200 new EVs to its Singapore fleet, beginning in early 2019. The new EVs will use SP’s fast-charging network, and Grab’s driver-partners will enjoy preferential EV charging rates. According to Grab, the fuel savings will enable them to earn up to 25% more in daily income compared to a legacy gas vehicle, and up to 20% more compared to a hybrid vehicle.

In June, SP unveiled plans to build Singapore’s largest public EV charging network, consisting of 500 DC and AC charging points, by 2020.

Grab and SP will study EV usage patterns to improve the accessibility and utilization of charging stations. SP plans to install its charging points near coffee shops and food outlets, allowing Grab driver-partners to match charging times with meal breaks.

“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,” said Lim Kell Jay, Head of Grab Singapore. “Grab operates the largest electric and hybrid vehicle fleet in Southeast Asia today. With SP joining our consortium of EV partners, Grab is in a unique position to help drive a cleaner, greener Singapore by encouraging more of our drivers to adopt EVs.”

“This new partnership will give me access to more charging locations island-wide, allowing me flexibility to plan my day,” said Grab driver-partner Jason Ryan. “I am also excited to try out the new fast-charging EVs, which will let me maximize my time on the road and increase my overall income.”


Source: Grab


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