February 23, 2024

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Singapore welcomes new car-sharing app

Image credit: vulcanpost.com

In Singapore, there are already seven car-sharing players and it is about to get even more heated with the entry of a new player that promises to adapt to accelerated changes brought on by COVID-19 and provide the next evolution of carsharing in the country. The company has launched a fleet of 400 cars across 300 locations and it hopes to expand the fleet size to 1,000 vehicles across over 600 locations island-wide by the end of 2021, making it the country’s largest carsharing service provider.

With the app, users can book, unlock and lock the vehicles without the need for an access card or retrieve a physical key. Their vehicles feature keyless ignitions, users simply need to push a button to start the engine and drive. Users need to be at least 19 years old and have at least one year of driving experience with a valid Class 3, 3A, or 3C driving licence.

Furthermore, the company’s entire fleet is equipped with advanced telematics which enables predictive maintenance and refuelling operations. Since petrol is taken care of by the company, it means that users do not have to pay for petrol and waste time refuelling vehicles for every single trip.

It is also worthy to note that the car-sharing service operates on an A-to-A return trip car-sharing model, which allows users to collect and return the vehicle at the same point. The developer reasoned that “an A-to-B service is not financially viable” without significant operational scale and user adoption. The company also adopts a “pay-as-you-go pricing model”, which means that users are charged after each trip for the duration and mileage charges incurred.

When it comes to encouraging responsible usage, the company penalises users who cause inconvenience to other users. They may be fined, or in more severe cases, get banned from using the service.

As reported by OpenGov Asia, as part of the initiative to move on from the negative effects brought upon by the pandemic, the government further encouraged the early adoption of shifting from traditional petrol-fuelled vehicles to electric vehicles or EVs. The Government will allocate S$30 million for projects and initiatives supporting the shift.

They will also introduce more incentives to narrow the “cost differential” between electric cars and internal combustion engine cars, announced Finance Minister Heng Swee Keat in his Budget speech. Accordingly, the new car-sharing service provider’s current fleet already has a significant number of hybrid vehicles, but they have plans to progressively “electrify” it. As such, the company is looking at working with more fleet partners, including potential strategic partners, that are keen to provide electric vehicles.

In the long run, the company said that they also aim to reduce the demand for vehicle ownership by 100,000. By taking vehicles off the roads, they intend to help the country free up its economic resources for more productive pursuits and protect the environment, in line with the government’s car-lite masterplan.

The country has made a good start in planning for a “car-lite” city. Since their first Concept Plan in 1971, planners have consciously applied a transit-oriented urban planning approach to ensure that all new towns and commercial centres are well connected by a comprehensive bus rail public transport system. Since then, the government introduced measures such as the Certificate of Entitlement (COE) and the Electronic Road Pricing (ERP) to control the ownership and usage of private vehicles.

Moreover, the company’s service and platform has been designed and built to tackle specific pain points for existing car-sharing users and to remove any barriers for potential new adopters. They believe that a simple, flexible, and accessible car-sharing service, operated at a significant scale, will be a legitimate and serious alternative to car ownership.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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