EuroSport Technologies, Strides Transportation to distribute electric motorcycles in Singapore
The partnership plans to capitalise on the global acceleration of electric vehicle adoption.
EuroSport Technologies, a subsidiary of automobile distributor EuroSport Global, and vehicle leasing provider Strides Transportation have signed a memorandum of understanding to develop and distribute smart electric motorcycles in Singapore and the Asia Pacific region.
According to the joint media release, the partnership is said to capitalise on the global acceleration of electric vehicle adoption. EuroSport will supply the smart electric motorcycle ecosystem, whilst Strides will distribute them.
“The collaboration will broaden the scope of our reach to tap the unfulfilled potential of regional EV markets,” EuroSports executive chairman Melvin Goh said.
“This collaboration is part of our plans to build businesses in the electric vehicle ecosystem towards a greener Singapore and Southeast Asia region,” SMRT Road Holdings president Tan Kian Heong added.
Strides is a subsidiary of SMRT Road Holdings.