Singapore to test mobile charging service for electric vehicles

By Vietnam News Agency
Wed, June 12, 2024 | 9:11 pm GMT+7

Two Singapore companies - Power-Up Tech and Beecharge Innovation Group - have been given the green light to offer mobile charging for electric vehicles (EVs) for the next four years.

 A driver uses mobile charging service for his electrical car. Photo courtesy of straitstimes.com.

A driver uses mobile charging service for his electrical car. Photo courtesy of straitstimes.com.

With the approval from the Land Transport Authority (LTA), Power-Up Tech will be allowed to deploy up to 10 mobile charging systems to support EVs, including vans and buses.

At 160 kilowatt-hours (kWh), each of Power-Up’s power packs stores enough electricity to power a one-room housing board flat for more than a month.

With the current set-up, each of its ten mobile charging systems can serve 100 EVs a week.

In terms of performance, a Power-Up spokesman said its mobile system can charge a BYD Atto 3’s EV battery from 20% to 80% in around 30 minutes. Power-Up charges an EV’s battery up to only 80% because, with current battery technology, charging speed slows significantly beyond this point.

Meanwhile, Beecharge Innovation Group will dispatch up to eight sets of mobile charging systems to support providers of shared EVs and commercial fleet operators.

Beecharge’s spokesman said the company now has three mobile charging systems capable of handling up to 500 EVs a week. It plans to have eight units by the end of 2024.

These companies have power packs and EV chargers that are loaded onto vehicles, allowing them to offer on-demand charging services to EV drivers with no convenient access to a permanent charger.

In a statement on June 11, the LTA said it issued permits to two other outfits to test battery charging and swopping systems for electric heavy goods vehicles over four years.

All the four trials will start gradually in the second half of 2024

Comments (0)
  • Read More
Prime Minister inspects 500kV transmission line project in Thanh Hoa province

Prime Minister inspects 500kV transmission line project in Thanh Hoa province

Prime Minister Pham Minh Chinh on Saturday inspected the 500kV Circuit-3 Quang Trach-Pho Noi power transmission line project's section crossing the central province of Thanh Hoa.

Energy - Sun, June 23, 2024 | 4:42 pm GMT+7

Businesses concerned over removal of VAT exemptions

Businesses concerned over removal of VAT exemptions

The abolition of the 0% value-added tax for export products and services will likely raise product costs and reduce Vietnamese products’ ability to compete internationally, said industry insiders.

Companies - Sun, June 23, 2024 | 4:37 pm GMT+7

Banking stocks remain attractive: broker

Banking stocks remain attractive: broker

Banking stocks are expected to be in a rising wave and lead the market in the second half of this year, said Nguyen Anh Khoa, head of investing at Agribank Securities (Agriseco).

Finance - Sun, June 23, 2024 | 1:17 pm GMT+7

Construction giant Coteccons subsidiary bids for $419 mln southern Vietnam residential project

Construction giant Coteccons subsidiary bids for $419 mln southern Vietnam residential project

A consortium comprising Covestcons Co. Ltd and BEHS Joint Stock Company is the sole applicant for developing a VND10.66 trillion ($418.8 million) commercial-residential project in Long An province.

Real Estate - Sun, June 23, 2024 | 9:57 am GMT+7

Investment corp. IPA targets 24% rise in 2024 pre-tax profits, plans rights offering

Investment corp. IPA targets 24% rise in 2024 pre-tax profits, plans rights offering

Vietnamese investment holding company I.P.A Investments Group JSC has set revenue and pre-tax profit targets of VND1.08 trillion ($42.43 million) and VND425 billion ($16.7 million) for 2024, up 211% and 24% year-on-year, respectively.

Companies - Sun, June 23, 2024 | 9:00 am GMT+7

Southern province to make town plan changes for Japanese-invested Aeon mall

Southern province to make town plan changes for Japanese-invested Aeon mall

Dong Nai province in southern Vietnam will make changes to its masterplan for Bien Hoa town to help Japanese retailer Aeon kick off construction of a mega mall this August.

Industries - Sun, June 23, 2024 | 8:00 am GMT+7

Domestic enterprises advised to take advantage of FTAs

Domestic enterprises advised to take advantage of FTAs

Free trade agreements (FTAs) have opened up many doors for Vietnamese products to enter foreign markets, including demanding destinations with strict requirements and standards.

Economy - Sat, June 22, 2024 | 11:39 pm GMT+7

Significant progress for EV development in Vietnam

Significant progress for EV development in Vietnam

The development of electric vehicles (EVs) in the Vietnamese market has shown significant progress in recent years.

Economy - Sat, June 22, 2024 | 11:07 pm GMT+7

Jewelry major PNJ's 24K gold bar revenue skyrockets

Jewelry major PNJ's 24K gold bar revenue skyrockets

Revenue from 24K gold bars at Vietnam’s Phu Nhuan Jewelry JSC (PNJ) in the first five months of 2024 soared more than 90% year-on-year to VND8.48 trillion ($333.14 million), accounting for 43.4% of its total revenue.

Companies - Sat, June 22, 2024 | 7:00 pm GMT+7

Apple supplier Foxconn to invest extra $383 mln in northern Vietnam

Apple supplier Foxconn to invest extra $383 mln in northern Vietnam

Taiwanese electronic giant Foxconn, a major Apple supplier, will invest $383.3 million in a new project to manufacture printed circuit boards (PCB) in the northern province of Bac Ninh.

Industries - Sat, June 22, 2024 | 4:16 pm GMT+7

S&P affirms Vietnam’s long-term rating outlook stable, predicts 5.8% economic expansion

S&P affirms Vietnam’s long-term rating outlook stable, predicts 5.8% economic expansion

S&P Global, the US-based credit rating agency, has affirmed a 'BB+' long-term sovereign credit rating and a 'B' short-term rating for Vietnam, adding that its long-term rating outlook is stable.

Economy - Sat, June 22, 2024 | 2:22 pm GMT+7

StanChart forecasts Vietnam’s Q2 GDP to moderate amid higher inflation

StanChart forecasts Vietnam’s Q2 GDP to moderate amid higher inflation

Standard Chartered Bank has forecast Vietnam’s Q2 GDP growth to moderate to a still-strong 5.3% year-on-year, slowing from 5.7% in Q1, citing slower economic activity.

Economy - Sat, June 22, 2024 | 1:30 pm GMT+7

Vietnam healthcare sector urged to shift to patient-centric model

Vietnam healthcare sector urged to shift to patient-centric model

The healthcare sector needs to shift from a hospital-centric model to a patient-centric core to meet the needs of patients, especially in light of an aging and growing population, said Dr. Dilshaad Ali Bin Abas Ali, Group CEO of Hoan My Medical Group.

Companies - Sat, June 22, 2024 | 12:02 pm GMT+7

Pacific Airlines returns to domestic skies

Pacific Airlines returns to domestic skies

Pacific Airlines will return to operations next Wednesday with an aircraft transferred by its parent company Vietnam Airlines.

Southeast Asia - Sat, June 22, 2024 | 11:48 am GMT+7

Thailand eyes attracting tourists from long-distance markets

Thailand eyes attracting tourists from long-distance markets

The Tourism Authority of Thailand (TAT) on Wednesday unveiled its tourism promotion policy for the second half of this year.

Southeast Asia - Sat, June 22, 2024 | 11:41 am GMT+7

Thailand expects to join BRICS as early as October

Thailand expects to join BRICS as early as October

Thailand is pushing forward with its plan to become a member of the BRICS group of emerging economies as early as October at the bloc's next summit in Russia, according to the country’s Foreign Ministry spokesperson Nikorndej Balankura.

Southeast Asia - Sat, June 22, 2024 | 11:21 am GMT+7