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ComfortDelGro heads towards a $6 bil electric dream

Felicia Tan
Felicia Tan • 4 min read
ComfortDelGro heads towards a $6 bil electric dream
ComfortDelGro is already operating EVs such as the Toyota Prius (pictured) and Hyundai Kona. Photo: ComfortDelGro
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As part of the broader push towards sustainability, ComfortDelGro C52, which initially experimented with electric vehicles (EVs) in 2016, half of its fleet now consists of clean energy vehicles, including fully electric and hybrid models. The goal is to raise this figure to 90% by 2030 and 100% by 2040, a target ComfortDelGro group CEO Cheng Siak Kian is “quite certain” they can achieve.

“If you look at all the new cars given out last year, they are all either electric or minimally hybrid. The [Toyota] Prius and [Hyundai] Kona are all electric. Even the Lexus cars are all hybrid … All taxis are being replaced with at least hybrid models,” he adds.

It is not just the traditional internal combustion engines of its taxi fleet that ComfortDelGro is seeking to electrify. This shift towards greener vehicles has expanded to hybrid and fully electric buses in its markets, including Singapore, Australia and the UK as well as in other businesses such as its driving centres.

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