dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Lah!

Hyundai Motor Group Deepens Partnership With Grab To Accelerate EV Adoption In Southeast Asia

  • June 22, 2021
Total
0
Shares
0
0
0

Hyundai Motor Group and Grab Holdings Inc. (Grab) today announced an enhancement of their ongoing strategic partnership in mobility services. The next phase of the partnership will focus on accelerating EV adoption in Southeast Asia. The Group, including Hyundai Motor Company and Kia Corporation which are the Group’s affiliates, and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

Survey results from initial EV pilot in Singapore found that high costs, lack of charging locations and long waiting times for charging are top barriers hindering Grab driver-partners from adopting EVs [1]. Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing. Both parties will also develop a joint EV roadmap to accelerate adoption in Southeast Asia. The pilot programs will start in 2021, beginning in Singapore, and expand to Indonesia and Vietnam.

As part of the roadmap development, the two parties will also conduct an EV feasibility study. The intent is to gain a deeper understanding into the gaps and barriers to wider EV ownership and adoption, then translating the findings from the study into practical ways to further develop the EV ecosystem. These insights will provide governments and ecosystem partners with ideas and best practices on how EV policies can be shaped to better address the day-to-day operational routines of ride-hailing drivers and delivery-partners. This comes at a critical time as last-mile logistics and deliveries continue to experience unprecedented growth, and EVs can play a huge role in reducing carbon emissions from vehicles.

In addition, in line with Hyundai Motor Group’s latest future strategy, both parties will explore collaboration in new business opportunities and technologies such as smart city solutions.

Since the initial partnership was announced in 2018, both parties have launched a series of EV pilots in Southeast Asia, starting with Singapore in 2019 and Indonesia in 2020. The pilots saw the deployment of 200 Hyundai Kona EVs in Grab’s GrabRentals fleet in Singapore, which has consistently recorded a high utilisation rate. Customized maintenance packages and incentives were also rolled out to support Grab driver-partners who are renting the Hyundai EVs. In Indonesia, Grab launched its GrabCar Elektrik fleet of Hyundai IONIQ vehicles at Jakarta’s Soekarno-Hatta airport. 

“Hyundai Motor Group and Grab were able to discover the possibility of EV businesses in Southeast Asia through our cooperation from 2018,” said Minsung Kim, Vice President of the Innovation Division at Hyundai Motor Group. “With Grab having the largest driver network in the region and Hyundai’s comprehensive mobility solutions, we are confident that together we can help to increase the adoption of EVs and ultimately reduce carbon emissions throughout the region. Beyond its on-going projects, the Group expects additional cooperation with Grab to be a key driver to lead the mobility market of the future in Southeast Asia.”

Russell Cohen, Group Managing Director of Operations, Grab, said: “While EVs are relatively nascent in Southeast Asia, Grab plans to play a vital role in working with partners and governments to accelerate EV adoption. As government EV policies and incentives are implemented and essential infrastructure like charging stations continue to be built, this partnership will provide insights and best practices on the usage of EVs as part of the day-to-day operations of driver and delivery-partners. For example, we’ve piloted ways to reduce driver-partners’ downtime by enabling them to swap their e-moped batteries at GrabKitchen while they wait to collect food orders. Successful EV adoption is a multi-stakeholder effort, particularly in Southeast Asia, and we’ll continue to leverage our technology and operational leadership to build a fleet for the future.”

Hyundai Motor Group has expanded its presence in Southeast Asia to foster new mobility innovation.  The Group held a virtual groundbreaking ceremony for HMGICS (Hyundai Motor Group Innovation Center in Singapore) in October last year and construction is ongoing. The center will act as a testbed for a human-centered intelligent manufacturing platform with a small-scale EV production facility on site. The center also will explore new business concepts, including BaaS (battery-as-a-service) to enhance customers’ experiences of EV ownership.

The Hyundai partnership is part of a range of ongoing EV-related initiatives from Grab to support the EV goals of governments in Southeast Asia. In Singapore, Grab has a partnership with SP Group, the largest government-owned electricity and gas distributor in the country. Grab has leveraged driving data from this partnership to advise on ideal charging locations, based on driver locations and demand heatmaps. In Indonesia, Grab launched the Electric Vehicle Ecosystem Roadmap in 2019 with the Indonesia government to support EV policies, and help achieve the government’s target of 20% of Indonesian transportation being EVs by 2025.

—

Footnotes

[1] Based on a survey done with driver-partners who rent vehicles from GrabRentals in 2020

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Electric Vehicles
  • EV
  • Grab
  • Hyundai Motor
dotlah.com

Previous Article
  • Lah!

Creating A Community, Changing Mindsets And Cleaning Up The Seas

  • June 22, 2021
View Post
Next Article
  • Cities

Shell City Solutions Collaborates With The Resilient Cities Network

  • June 22, 2021
View Post
You May Also Like
View Post
  • Lah!

Tariffs, Trump, and Other Things That Start With T – They’re Not The Problem, It’s How We Use Them

  • John Francis
  • March 25, 2025
View Post
  • Lah!

Canonical announces 12 year Kubernetes LTS

  • John Francis
  • March 4, 2025
dotlah-smartnation-singapore-lawrence-wong
View Post
  • Artificial Intelligence
  • Featured
  • Features
  • Lah!
  • Machine Learning
  • Technology

Growth, community and trust the ‘building blocks’ as Singapore refreshes Smart Nation strategies: PM Wong

  • Dean Marc
  • October 9, 2024
dotlah-singapore-ndp-2024
View Post
  • Lah!

Here’s what to expect for NDP 2024!

  • dotlah.com
  • August 9, 2024
dotlah-singapore-airlines_may_21-1716298816
View Post
  • Lah!

Severe turbulence during Singapore Airlines flight leaves several people badly injured. One man died

  • majulah
  • May 22, 2024
dotlah-pm-lee-lawrence-wong-9656d4cd-1fa4-40ed-905d-e19e639b8476_728802dd
View Post
  • Lah!
  • People
  • Politics

End of Lee Era for Singapore as PM Steps Down

  • dotlah.com
  • May 16, 2024
DPM Lawrence Wong will be Singapore's fourth prime minister on May 15. ST PHOTO: LIM YAOHUI
View Post
  • Lah!
  • People
  • Politics

7 things to know about Singapore’s next prime minister Lawrence Wong

  • dotlah.com
  • May 15, 2024
When asked about his leadership style, DPM Lawrence Wong said he will be open and consultative, but he will not shirk from doing what is necessary for Singapore's future. ST PHOTO: LIM YAOHUI
View Post
  • Features
  • Lah!
  • People
  • Politics

‘We are prepared to relook everything’: Lawrence Wong on a changing society and his hopes for S’pore

  • dotlah.com
  • May 15, 2024


Trending
  • 1
    • Cities
    • Technology
    100 Million Changi Rewards Points And Porsche’s First All-Electric Sports Car To Be Won In Changi Airport’s Brand New ‘Win With Changi’ Shopping Campaign
    • November 3, 2021
  • 2
    • Lah!
    • Technology
    GrabMart Scales Up Grocery Delivery With Major Retail Chains Across Southeast Asia
    • November 14, 2021
  • goswifties-taylor-swift-travis-kelce-fathers-daughters-super-bowl-bonding 3
    • Features
    • People
    How Taylor Swift Unexpectedly Brought Fathers and Daughters Together Through Football
    • February 11, 2024
  • work from home 4
    • People
    Maintaining Your Mental Health While Working
    • November 19, 2020
  • 5
    • Lah!
    Singapore And Australia Sign Digital Economy Agreement
    • August 8, 2020
  • 6
    • Features
    • People
    Social Issues: What A Student Should Know To Make Difference
    • August 17, 2020
  • 7
    • People
    • World Events
    Beyond The Curve: A Visual Journey Into Our Post-Pandemic Future
    • July 16, 2020
  • 8
    • Cities
    Reasons Why People In New York Want To Shift To New Jersey
    • February 6, 2020
  • A bench made from recycled concrete slabs stands in front of an ongoing construction project in Musicon, a district in Roskilde, Denmark. PHOTO BY SEBASTIAN SKOV ANDERSEN 9
    • Cities
    Going Circular: 7 European Cities’ Quest To Become Fully Sustainable
    • March 18, 2021
  • 10
    • Lah!
    Grab Announces Expansion Of Hawker Centre 2.0 To 16 More Locations
    • September 1, 2020
  • 11
    • Lah!
    Singapore Tourism Accelerator Launches With A Pioneer Cohort Of Nine Companies
    • October 16, 2019
  • 12
    • Society
    Coronavirus Fears: Should We Take A Deep Breath?
    • February 7, 2020
Trending
  • Kitchen Knives - Best All-Around Picks in 2025 1
    Kitchen Knives : The Surgeons of Cooking – Best All-Around Picks in 2025
    • September 15, 2025
  • 2
    Apple unveils iPhone 17 Pro and iPhone 17 Pro Max, the most powerful and advanced Pro models ever
    • September 9, 2025
  • 3
    Apple debuts iPhone 17
    • September 9, 2025
  • Fruits and vegetables for cooking. For food processors. 4
    Food Processor: The Swiss Army Knife of the Kitchen – Best All-Around Picks in 2025
    • September 8, 2025
  • 5
    Meet Samsung Galaxy Tab S11 Series: Packing Everything You Expect From a Premium Tablet
    • September 4, 2025
  • 6
    Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how
    • August 25, 2025
  • French Fries 7
    Air Fryer: The One Cooking Appliance to Rule Them All – Best All-Around Picks in 2025
    • August 22, 2025
  • 8
    Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025
    • August 20, 2025
  • 9
    HP Cranks Up the Game with Smarter Systems, Cooler Builds, and Gear That Hits Different
    • August 14, 2025
  • 10
    New Trump tariffs: early modelling shows most economies lose – the US more than many
    • August 6, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.