ComfortDelGro Corp (CDG) is committing $50 million towards clean energy technology and research as part of its plan to intensify sustainability efforts.
In a media release dated March 17, the company announced that it had entered into a memorandum of understanding with the National University of Singapore (NUS), whereby CDG will invest about $10 million for a CDG-NUS Smart & Sustainable Mobility Living Lab which will research mobility technologies that could later be implemented in solutions for the mass market. The lab is expected to be set up by September.
