Prøve GULL - Gratis
Comfort DelGro to spend $6b on switch to EVs
The Straits Times
|April 01, 2023
Sum equivalent to almost 3 times its current market value; most to be for acquiring EVs
Transport giant Comfort DelGro Corp expects to spend $6 billion to replace the bulk of its fleet of largely combustion-engined buses and taxis with electric vehicles (EVS), said its founding chairman.
The amount is equivalent to almost three times the group's current market value.
Speaking at the group's 20th-anniversary gala dinner at the RitzCarlton, Millenia Singapore on Friday, Mr Lim Jit Poh said most of the investment will be for the acquisition of new EVs.
"The evolution of the electric environment promises to open up avenues and opportunities for new business growth," the 83-year-old, who is retiring in April, told some 800 guests present.
Denne historien er fra April 01, 2023-utgaven av The Straits Times.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Straits Times
The Straits Times
Amorim sacked after fiery outburst at United's board
LONDON - English Premier League giants Manchester United have fired their manager Ruben Amorim, the club announced on Jan 5.
3 mins
January 06, 2026
The Straits Times
Former DPM Heng leaves MAS board after two decades
Former deputy prime minister Heng Swee Keat has relinquished his position as a member of the Monetary Authority of Singapore (MAS) board of directors, the authority announced on Jan 5.
1 min
January 06, 2026
The Straits Times
Venezuela action displays US militarys ‘most fearsome’ might
Key to success was not only accurate intelligence, but also flawless preparation
4 mins
January 06, 2026
The Straits Times
How are Singapore youth hashing out their career aspirations?
In a world of greater flux, they don’t let rigid plans get in the way of seizing opportunities
9 mins
January 06, 2026
The Straits Times
Oil prices unlikely to be hit in the near term
The removal of Venezuelan President Nicolas Maduro by the United States in a stunning military operation is unlikely to have meaningful near-term impact on global crude oil prices, analysts said.
4 mins
January 06, 2026
The Straits Times
Circumbendibus shooting for third straight win
Jan 7 South Africa (Greyville) preview
3 mins
January 06, 2026
The Straits Times
It was not an invasion, not illegal, not about oil: US defends capture of Venezuela’s Maduro
AUSTIN The Trump administration launched a forceful defence of its Venezuela operations a day after facing worldwide condemnation for whisking away the country’s President Nicolas Maduro to face a trial on “narco-terrorism” charges in New York.
5 mins
January 06, 2026
The Straits Times
MOE will continue efforts to ease teachers' workload: Minister
The workload of teachers will remain a key focus in the new year, as the Ministry of Education (MOE) continues efforts to rethink teachers’ duties and work processes.
4 mins
January 06, 2026
The Straits Times
Time to shut down the Singapore Biennale?
The event feels haphazard, disconnected from the community, and inaccessible to even determined artsgoers.
6 mins
January 06, 2026
The Straits Times
Lee Lung Kei breaks up with fiancee after learning she is married with a son
The “grandpa-granddaughter” romance between Hong Kong actor Lee Lung Kei, 75, and a woman 36 years his junior is over.
1 mins
January 06, 2026
Translate
Change font size