SP Group (SP) and Grab have entered a strategic partnership in which Grab will bring in 200 new fast-charging electric vehicles (EVs), enabled by SP's fast-charging network. This will deliver greater cost savings for driver-partners.
This marks SP’s first fleet partnership since it unveiled plans in June 2018 to build Singapore’s largest and fastest public EV charging network. SP is committed to build 500 publicly accessible charging points by 2020, which includes more than 100 fast-charging DC (direct current) chargers.
The new fleet will be progressively rolled out in Singapore from early 2019. Driver-partners on this new model will enjoy preferential EV charging rates from SP, at all their charging stations island-wide. With the cost benefits offered by EVs, they can expect to earn up to 25 per cent more in daily income compared to those on a regular petrol vehicle and up to 20 per cent more daily income compared to a hybrid vehicle.
Grab and SP will study EV usage patterns and behaviour to improve access to and utilisation of EV charging stations. SP plans to install its charging points in convenient locations, many within close proximity to coffee shops and food outlets. This will allow Grab’s driver-partners to match their charging time with meal and driving breaks.
— 23 August 2018