electric vehicles (EV)

Both companies will also explore and deploy clean energy solutions together.

The LTA will cease registration of diesel-powered cars and taxis to encourage adoption of EV vehicles.

With JBJ refusing to accept further shipments, Alita bearing fixed cash costs and a weakening spot market for lithium ore weighing down the price and Alita’s sales volume, the company’s ‘failure was inevitable’, according to KordaMentha

SINGAPORE (July 31): The support for green energy is often dampened by its prohibitive price tag but that may change soon, according to European fund management group Schroders.

SINGAPORE (Jan 21): Ascendas-Singbridge Group is appointed as Singapore Power (SP) Group’s first major location partner in its plans to build “Singapore’s largest and fasted public EV charging network” with 1,000 charging points island-wide by 202

SINGAPORE (May 30): Elektromotive Group’s full-year net losses have more than doubled to $6.3 million from a year ago due to an impairment loss and higher costs and expenses.