Monday, 2024 March 4

Singapore EV-sharing service BlueSG reaches 1 million rentals, targets 1,000 EVs and 2,000 charging points

BlueSG, an electric car-sharing service based in Singapore, has reached 1 million rentals and 80,000 subscribers, despite a “dip” in membership and rentals during the ‘circuit breaker’ period from April to June, the firm announced earlier this week.

The circuit breaker period involved heightened COVID-19 safety measures. With most commuters staying at home, car-sharing firms suffered losses. After the movement restrictions were lifted, demand for car-sharing services increased, and BlueSG rentals surged by 50%.

“We will continue working on meeting our objectives of 1,000 EVs and 2,000 charging points,” managing director Franck Vitte told KrASIA. “We have been encouraged by the rentals take-up post-circuit breaker till now, and we certainly believe that there are more areas to grow once Singapore progresses into Phase 3 where all entertainment places like theaters, nightspots, etc can open up.”

A subsidiary of France’s Bolloré Group, BlueSG is Singapore’s first large-scale electric car-sharing service. It launched in December 2017 with 80 cars, 32 charging stations, and 120 charging points. Today, BlueSG has 667 cars, 345 charging stations, and 1,371 charging points.

BlueSG is one of five car-sharing operators in Singapore, the only remaining with a one-way drop-off model. Smove, which offered the same service, closed down in June.


Related Read