Platforms such as Grab and Gojek, meanwhile, walk the tightrope between raising fares to help their drivers cope with inflation and retaining price-sensitive passengers.
One start-up in Laos has found the answer to this no-win situation. In May, ride-hailing company Loca launched the country’s first public electric vehicle (EV) charging station, kicking off a plan to install at least 20 around Laos by the end of this year, and 45 by 2025.
Although just 16 of Loca’s 600-strong fleet are EVs now, the company intends to steadily raise that figure through its in-house financing scheme.
This story is from the August 22, 2022 edition of The Straits Times.
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This story is from the August 22, 2022 edition of The Straits Times.
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