ComfortDelGro (CDG) and Guangzhou Public Transport Group (GZPTG) marked the launch of their new joint venture (JV), Guangzhou ComfortDelGro C52 Guangjiao New Energy Company, today in Guangzhou, China.
The JV will focus on deploying and operating electric vehicle (EV) charging infrastructure and related services, and the initial investment includes four charging stations equipped with 240 chargers, with a total capacity of 21,600 kilowatts (kW).
Located in Guangzhou’s Huangpu and Baiyun Districts, these stations will support the operation of 480 electric buses.
ComfortDelGro’s JV partner GZPTG is the largest public transport and road transport enterprise in South China. It operates more than 13,000 electric buses in Guangzhou.
Apart from this JV, ComfortDelGro also operates three other businesses in China – taxi, bus station and construction logistics – in cities such as Beijing, Shenyang, Jilin City, Guangzhou, Nanning, Shanghai, Suzhou, Nanjing and Chengdu.
The company runs a total of 9,400 vehicles in China including 5,800 EVs.
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Cheng Siak Kian, ComfortDelGro Managing Director and Group CEO, who was present at the event, says: “ComfortDelGro welcomes the opportunity to deepen our longstanding partnership with this
new joint venture and to offer more sustainable mobility solutions to support the green
transition of the transportation industry.”
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“As the leading land transport company in South China, GZPTG is firmly committed to low-carbon mobility solutions,"says Lin Dian Sheng, Deputy General Manager of GZPTG.
“Our strategic partnership with ComfortDelGro taps on our respective strengths, enabling us to offer clean, efficient, and sustainable solutions to customers in China and beyond," he adds.
