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#E-bike Charging Station Market Singapore
paul1-1 · 1 year
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emaanderson · 2 years
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E-bike Charging Station Market Rising Demand, Share, Trends, Growth and Opportunities
Research Nester assesses the growth of global e-bike charging station market which is anticipated to be on account of the growing worldwide awareness and use of electric vehicles (EVs).
New York – October 10, 2022 - Research Nester’s recent market research analysis on “E-bike Charging Station Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitor’s analysis and a detailed overview of the global e-bike charging station market in terms of market segmentation by type, battery type, charger type and by region.
Government Schemes and Subsidies to Drive Growth of Global E-bike Charging Station Market
The global e-bike charging station market is estimated to grow majorly on account of the fact that EVs are becoming more and more popular due to their efficiency and cleanliness. To increase the use of EVs, governments are now funding subsidies and building the necessary infrastructure. On April 22, 2020, the State Taxation Administration (STA), the Ministry of Industry and Information Technology (MIIT), and the Ministry of Finance in China, jointly announced the exemption of vehicle acquisition tax for NEVs (new-energy vehicles).
The market research report also includes other growth factors and challenges that are associated with the growth of the global e-bike charging station market. Some of the major growth indicators are:
Growth Drivers:
Growing Global Awareness about Carbon Footprint.
Increased Mobility and Decreased Time Spent in Traffic Jams.
Challenges:
Low charging point density and slow charging are some of the major factors anticipated to hamper the growth of the global e-bike charging station market. Despite of the numerous restraint factors associated with the growth of the market, Research Nester’s analysis indicates a robust growth for the market during the forecast period
The market research report on global e-bike charging station encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.
By charger type, the global e-bike charging station market is segmented into level-1, level-2 and DC fast charger. The level-2 segment is to garner a highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. With more than four times as many ports and six times as many locations as DC fast chargers, level 2 clearly outperforms the other two charging techniques in the United States.
By region, the Asia Pacific e-bike charging station market is to generate the highest revenue by the end of 2033. The fact that China has the highest number of e-bikes, over 295 million, exhibits this growth.
The research is global in nature and covers detailed analysis on the e-bike charging station market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising of global e-bike charging station market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global e-bike charging station market which includes company profiling of EV Charging Solutions, Inc. dba EVCS, Tritium DCFC Limited, MEGAtimer GmbH - bike-energy, Robert Bosch GmbH, EVBox, Swiftmile, Inc., Rolec Services Limited, FreeWire Technologies, Inc., Get Charged, Inc., Parkent Cycles Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global e-bike charging station market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     
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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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Electric Vehicle Charging Stations Market
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Electric Vehicles Market by Vehicle Type (Passenger Vehicles, LCVs, HCVs, Two-wheelers, e-Scooters & Bikes), Propulsion Type (BEV, FCEV, PHEV, HEV), End Use (Private, Commercial, Industrial), Power Output, Charging Standard, and Geography.”
wireless electric vehicle (EV) charging systems market is expected to grow at a CAGR of 53.1% from2020 to 2027 to reach $827.03 million by 2027.
The successful convergence of new technologies will require electric vehicles (EVs) that are low cost and fully autonomous. These attributes can be realized through wireless charging.
Supportive government policies and regulations to drive the demand for electric vehicles
Governments worldwide are increasingly investing in electric mobility. The increasing government regulations to phase out fossil fuel-powered vehicles, government investments for improving public EV charging infrastructure, and initiatives in the form of subsidies & tax rebates for adopting EVs are expected to support this market growth. Governments are investing in charging infrastructures either through direct investments for public charging stations or by providing subsidies for private charging stations at homes and workplaces.
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Electric vehicle wireless charging market is one of the most efficient, convenient and easy-to-use charging technology for charging electric vehicles. This is a power feature that makes the electric vehicle more convenient and more futuristic without need for plug-in cables or adaptors. Wireless power transfer (WPT) using magnetic resonance is a rapidly developing technology that can overcome the issue of wiring process while charging the vehicle and in addition, the kilowatts power level (WPT) enables to increase the transfer distance from several millimeters to several hundred millimeters with a grid to load efficiency above 90%.
Key Findings in the Wireless EV Charging Systems Market Study:
The Static Wireless EV Charging Systems Segment to Grow at the Highest CAGR During the Forecast Period
Based on type, the wireless electric vehicle (EV) charging systems market is mainly segmented into static wireless EV charging systems and dynamic wireless EV charging systems. The static wireless EV charging systems segment is projected to grow at the highest CAGR during the forecast period. The factors contributing to the growth of this segment are the large number of pilot projects undertaken by leading automotive OEMs for integrating static wireless EV chargers in their electric vehicles and the increasing adoption of static wireless EV chargers by leading shared mobility and taxi fleet operators worldwide for fleet charging applications.
The Commercial Wireless EV Charging Systems Segment to Register the Highest CAGR During the Forecast Period
Based on application, the wireless electric vehicle (EV) charging systems market is segmented into commercial wireless EV charging systems and residential wireless EV charging systems. The commercial wireless EV charging systems segment is projected to record the highest CAGR during the forecast period. The high growth of this segment is attributed to the increasing need to develop charging infrastructure at public places, high proliferation of commercial wireless EV charging systems as middle-class and lower-middle-class populations in Europe are increasingly purchasing electric vehicles without having the option to charge them at home, and high demand for commercial wireless EV charging systems in China due to the presence of large commercial garage parking spaces and densely populated urban areas.
The Inductive Wireless EV Charging Systems Segment to Register the Highest CAGR During the Forecast Period
Based on technology, the wireless electric vehicle (EV) charging systems market is segmented into resonant inductive wireless EV charging systems, permanent magnet gear wireless EV charging systems, capacitive wireless EV charging systems, and inductive wireless EV charging systems. The inductive wireless EV charging systems segment is projected to register the highest CAGR during the forecast period. The high growth of this segment is attributed to the fast-charging capabilities provided by inductive wireless EV charging systems, their high effectiveness due to the close coupling of primary and secondary coils, low heat buildup in the system allowing significant power-transfer, and increased efforts by major automotive OEMs to integrate wireless charging capabilities into their vehicles.
Europe to Be the Fastest-growing Regional Market
The proliferation of wireless EV charging systems in Europe is majorly attributed to the increasing adoption of electric vehicles in the region, implementation of numerous pilot projects for wireless EV charging technology across Europe, and government initiatives for testing the feasibility of wireless charging technology for electric vehicles. Electric mobility stakeholders across Europe are launching new initiatives to develop a sustainable road transport infrastructure that can charge electric vehicles on the go to minimize the range anxiety associated with electric vehicles.
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The Impact of COVID-19 on the Wireless Electric Vehicle (EV) Charging Systems Market
In 2019, the global count of electric vehicles on the road (OTR) had crossed 2 million. However, the COVID-19 crisis led to disruptions in supply chains, limitations on operations and workforce, and factory closures globally. The economic slowdown caused a severe decline in vehicle sales, especially in the electric vehicles segment. The demand for electric vehicle charging infrastructure has been impacted significantly. Major investments for deploying EV charging infrastructure have halted since most EVSE (Electric Vehicle Supply Equipment) manufacturers worldwide have been affected due to government restrictions and nationwide lockdowns. For instance, in the U.K., ubitricity and Pod Point halted the construction of new charging stations for the second phase of the Go Ultra Low City Scheme. Similarly, Rolec Services announced temporarily suspending the manufacture of EV charging stations in the U.K. due to COVID-19 restrictions.
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Scope of the report:
the wireless charging for electric vehicle market on the basis of charging station, charging type, installation, propulsion, component, vehicle, power supply, and region.
Charging station:
·         Public /Commercial Charging Station
·         Home Charging Unit
component:
·         Base Charging Pad
·         Power Control Unit
·         Vehicle Charging Pad
charging type:
·         Dynamic Wireless Charging System
·         Stationary Wireless Charging System
propulsion:
·         BEV
·         PHEV
vehicle type:
·         Commercial Vehicle
·         Passenger Car
power supply range:
·         3–<11 kW
·         11–50 kW
·         >50 kW
charging system:
·         Magnetic Power Transfer
·         Capacitive Power Transfer
Electric Vehicles Market, by Geography:
§  Asia-Pacific (APAC)
 o   China
o   South Korea
o   Japan
o   India
o   Australia
o   Singapore
o   Rest of Asia-Pacific (RoAPAC)
§  Europe
·                    
 Germany
 Sweden
 U.K.
 France
 Norway
 Italy
 Spain
 Switzerland
 Netherlands
 Denmark
 Portugal
 Rest of Europe (RoE)
§  North America
  U.S.
Canada
§  Rest of the World
 Brazil
 Mexico
 Argentina
 Rest of Latin America (RoLATAM)
 UAE (United Arab Emirates)
 Israel
 Saudi Arabia
 South Africa
 Rest of the Middle East & Africa (RoMEA)
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un-enfant-immature · 5 years
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Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets
Neuron Mobility, a Singapore-based startup, has closed an $18.5 million new financing round as it looks to scale its e-scooter startup in international markets.
The new financing round, dubbed Series A, was funded by GSR Ventures, a venture capital firm which was the first institutional investor in Chinese ride-hailing giant DiDi Chuxing, and Square Peg, Australia’s largest venture capital firm.
Existing investors SeedPlus, SEEDS Capital also participated in the round. The three-year-old startup has raised about $23.5 million to date.
Neuron Mobility, which began its journey in Singapore, operates an eponymous e-scooters rental platform. In recent years and quarters, Neuron has expanded to cities in Malaysia, Thailand, Australia, and New Zealand.
Neuron’s e-scooters are affordable in every market where they are available. In Brisbane, Australia, for instance, anyone can begin a trip with a Neuron’s bike by paying one Australian Dollar (68 U.S. cents) and then 38 Australian cents for each minute of the ride, Zachary Wang, co-founder and chief executive of Neuron, told TechCrunch in an interview.
These scooters can go as fast as 25 kilometer per hour, and automatically slow down at certain places such as near a school. Wang said the startup closely works with city councils to understand how these e-scooters should operate.
In a statement, Square Peg’s Tushar Roy said, “the culture of collaboration with cities permeates through Neuron. Its entire DNA is built around working very closely with local leadership to bring new mobility solutions to citizens in a safe and sustainable way.”
On a single charge, a Neuron electric scooter can travel up to 60 kilometers (37.2 miles). These e-scooters are equipped with a swappable battery. Once the ride is finished, a customer can drop the bike at any nearby parking station or any suitable location. Neuron works with a large number of people who actively swap the batteries on these scooters.
Like India’s electric scooter and bike startups Bounce and Yulu, Neuron Mobility also designs its electric scooters but relies on Chinese equipment manufacturer for producing them. (Yulu recently inked a strategic deal with Bajaj Auto to task the Indian auto manufacturing giant with the production job.
As Neuron expands to international markets, it has had to halt its e-scooter rental service in home market of Singapore. Last month, Singapore said e-scooters could no longer operate on footpaths, creating major challenges for all the players. Wang said that Neuron still has teams that work from Singapore, but they have always focused on the larger Asia Pacific region and other markets. Besides, Neuron stopped its service in Singapore months before the nation passed any new law. (Prior to the recent order, Singapore had other issues with electric scooters.)
Neuron will use the fresh capital to further its footprint in the markets where it operates and explore building new categories, Wang said. “We feel we are in the midst of a wave where a number of technologies are falling into place that could help us improve our electric scooter and build more mobility solutions.” The startup is also exploring new markets, though Wang declined to name them.
Like in the United States, electric scooters and bikes have imploded in Southeast Asian markets, where a growing number of familiar brands such as Lime, Bird, Ofo, oBike and local players are increasingly expanding their presence.
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magzoso-tech · 5 years
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New Post has been published on https://magzoso.com/tech/singapores-neuron-mobility-raises-18-5m-to-bring-its-electric-scooters-to-more-international-markets/
Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets
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Neuron Mobility, a Singapore-based startup, has closed an $18.5 million financing round as it looks to scale its e-scooter startup in international markets — a month after the nation introduced difficult regulatory changes.
The new financing round, dubbed Series A, was funded by GSR Ventures, a venture capital firm that was the first institutional investor in Chinese ride-hailing giant DiDi Chuxing, and Square Peg, Australia’s largest venture capital firm.
Existing investors SeedPlus and SEEDS Capital also participated in the round. The three-year-old startup has raised about $23.5 million to date.
Neuron Mobility, which began its journey in Singapore, operates an eponymous e-scooter rental platform. In recent years and quarters, Neuron has expanded to cities in Malaysia, Thailand, Australia and New Zealand.
Neuron’s e-scooters are affordable in every market where they are available. In Brisbane, Australia, for instance, anyone can begin a trip with a Neuron bike by paying one Australian Dollar (68 U.S. cents) and then 38 Australian cents for each minute of the ride, Zachary Wang, co-founder and chief executive of Neuron, told TechCrunch in an interview.
These electric scooters can go as fast as 25 kilometre per hour (15.5 miles per hour), and automatically slow down at certain places, such as near a school. Wang said the startup closely works with city councils to understand how these e-scooters should operate.
In a statement, Square Peg’s Tushar Roy said, “the culture of collaboration with cities permeates through Neuron. Its entire DNA is built around working very closely with local leadership to bring new mobility solutions to citizens in a safe and sustainable way.”
On a single charge, a Neuron scooter can travel up to 60 kilometres (37.2 miles). These e-scooters are equipped with a swappable battery. Once the ride is finished, a customer can drop the bike at any nearby parking station or any suitable location. Neuron works with a large number of people who actively swap the batteries on these scooters.
Like India’s electric scooter and bike startups Bounce and Yulu, Neuron Mobility also designs its electric scooters, but relies on a Chinese equipment manufacturer for producing them. (Yulu recently inked a strategic deal with Bajaj Auto to task the Indian auto manufacturing giant with the production job.)
Singapore turns its back on electric scooters
As Neuron expands to international markets, it has had to halt its e-scooter rental service in the home market of Singapore. Last month, Singapore said e-scooters could no longer operate on footpaths, creating major challenges for all the players. Wang and executives from other startups have expressed concerns over the decision.
Telepod, which uses e-scooters to deliver food; GrabFood, another food delivery startup; and shared e-scooter service startup Beam, said they could no longer offer the same level of customer service to their users, and had little choice but to focus on other markets.
Wang said that Neuron still has teams that work from Singapore, but they have always focused on the larger Asia Pacific region and other markets. Besides, Neuron stopped its service in Singapore months before the nation passed any new law. (Prior to the recent order, Singapore had other issues with electric scooters.)
Neuron will use the fresh capital to further its footprint in the markets where it operates and explore building new categories, Wang said. “We feel we are in the midst of a wave where a number of technologies are falling into place that could help us improve our electric scooter and build more mobility solutions.” The startup is also exploring new markets, though Wang declined to name them.
Like in the United States, electric scooters and bikes have imploded in Southeast Asian markets, where a growing number of familiar brands such as Lime, Bird, Ofo, oBike and local players are increasingly expanding their presence.
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topxrpdifi1952al · 4 years
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Where to go abroad to try out? KKday and KLOOK introduced the very best 10 popular vacation list, the initial place isn't Japan
Both the take a trip experience e-commerce platforms KKday and KLOOK introduced the Taiwanese preferred experiences and time trips nowadays (6). In terms of day trips, the top three on the two platforms had been unexpectedly exactly the same, with Bangkok, Seoul, and Tokyo consuming the very best three. Subsequent rankings have changed a whole lot. KKday continues to be focusing a lot more on Asian countries, while KLOOK offers appeared in nations such as Paris and New Zealand. There's also several repetitions in the knowledge. Whether it is the experience of Japan and Korean clothes, the ramp and chairlift in Singapore, or the perspiring drape in Seoul, these encounters have grown to be a "must do itinerary" for Taiwanese to visit abroad. From another perspective, according to the statistics from the Republic of China nationals going abroad from The month of january to Oct 2019 published by Tourism Bureau from the Ministry of Transportation, a complete of 4 million individuals visited Japan. However, within the dual-platform excursion and encounter, both Not the initial on the list. The inference could be that Japan is already a tourist destination familiar to Taiwanese, and Taiwanese visitors go directly to the niche areas that they prefer, plus they can have fun even without buying the itinerary. Countries that are well-known over the dual platform checklist, including Southern Korea, Thailand, and the Philippines, may also be popular tourist destinations recently. Comparing the number of visitors of the Tourism Bureau from January to Oct 2018, these three nations have high development rates of 12.3%, 23.96% and 37.32% respectively. The location with the highest growth rate can be Brunei, with a triple-digit growth price of 666.45%. KKday and KLOOK double-platform one-day tour experience top three, almost exactly the same KKday location KLOOK destination [Bangkok Floating Market One-day Tour] Danneng Shaduo, Amphawa Floating Marketplace, Tree Temple, Maeklong Railway Market Bangkok Floating Marketplace One-day Visit: Damnoen Saduak Floating Marketplace, Maeklong Railway Marketplace, Amphawa Floating Marketplace Bangkok [One-day visit to the suburbs of Seoul] Nami Island, Petite France Village, Gangchon Rail Bicycle Seoul Nami Isle, Chuncheon Small Prince Village, Backyard of Morning Calm, Jiangcun Railway Bike One-Day Tour from Seoul [Mt. Fuji One-Day Trip] Mt. Fuji, Lake Kawaguchi, Oshino Hakkai, Gotemba Wall plug Tokyo Mt. Fuji 5th Train station, River Kawaguchi, Oshino Hakkai, Gotemba Shop Classic course 1 day Visit Tokyo [Kyoto Nara Bus One Day Trip] Fushimi Inari Taisha, Arashiyama, Kinkakuji, Nara Recreation area Todai-ji Temple, Kyoto Sea and Kyoto One-day Tour: Amanohashidate, Ine Funaya, Miyama Thatched Cottage, Kyoto [Philippine Mobao Private Small Team] Baska Snorkeling in multiple islands, watching sardines, Kawasan waterfall (from Cebu), Ayutthaya, Philippines, Yachamunkong Temple, Bang Pa-in Summertime Palace and other ruins substance one-day tour Bangkok [Central Northern Okinawa] Churaumi Aquarium, Kouri Island, American Community , Manzamo, Okinawa and Hokkaido one-day journey: Asahiyama Zoo, Biei Azure Fish pond, and Shirasu Waterfall Hokkaido [Hokkaido One-day Tour] Asahiyama Zoo, Biei Blue Fish pond, Shirasu Waterfall, Woodland Wizard Terrace Hokkaido Ngong Ping 360 Cable Vehicle, Lantau Cultural Exploration Strong Tour Hong Kong [Nagoya Bus Visit] Shirakawa Township Gassho Village, Hida Takayama Previous Street One-day Tour Nagoya Boracay One-day Guided Visit: Boracay Beach, Dabi Saan Seaside, etc. [Chiang Rai Time Vacation] Long Throat Tribes, black and white glowing blue temples, Golden Triangle, Thailand Install St. Michel one-day trip from Paris, france [Busan, South Korea one-day visit] Ganchuandong Cultural Community, Taejongdae, Songdo Skywalk, Haedong Yonggung Temple, Southern Korea "Lord of the Rings" Hobbit Village Visit Rotorua (New Zealand) KKday, KLOOK 2019 Top 10 Day Trips With regards to day trips, from the almost identical agreement of the very best three dual platforms, it could be discovered that Bangkok, Seoul, and Tokyo are really Taiwanese tourists. Don't like a play area. From The month of january to Oct 2019, a total of 4.199 million individuals visited Japan, 1.028 million individuals went to South Korea, and 700,000 individuals visited Thailand. KLOOK specifically talked about the in-depth social exploration of Hong Kong's Lantau Tropical isle, going for a sightseeing boat, going to the feature shack of Tai O fishing village, etc. The more distinctive, in-depth and culturally representative "niche" experience path could also be used in the extremely popular Hong Kong feels a different seem and scenery. rsballiance@Tumblr in Bangkok, Thailand has turned into a area of the first one-day journey experience itinerary for the KKday and KLOOK double platforms. KLOOK KKday stated that from the increase of Nagoya, Northern Thailand and other areas, tourism itineraries are gradually relocating from the town towards the suburbs, and Taiwanese folks are increasingly more interested in going through itineraries with nearby characteristics. Khan steaming display, Japanese and Korean clothes are the favorite experiences of Taiwanese KKday destination KLOOK location [Gyeongbokgung Hanbok experience] Seoul Western Flower Hanbok leasing encounter Seoul Singapore high-speed ramp and sky seat experience Singapore AQUAFIELD Goyang Khan steaming display Seoul Bangkok Spa Massage therapy Bangkok [Kimono Kimono Encounter in Kyoto] Sakurakyo Kimono Rental Experience Kyoto Tokyo/Osaka Use Kimono Tokyo/Odaiba Oedo Onsen Tale Tokyo Seoul Sweat Steaming Display screen Seoul [Bangkok Cheap Thai Massage therapy] Health Property Spa Massage Experience Bangkok The Venetian Macao requires a gondola vessel Macau [Bangkok evening cruise trip on Chao Phraya River] Chao Phraya River Princess Cruise Supper Bangkok Singapore Cruise Singapore [Night time Cruise Saigon River] Indochina Luxury cruise Supper Vietnam Tokyo Hot Springs Tokyo [Singapore's Quick and Furious ?entosa Skyline Slope + Chair Lift, Singapore's Okinawa Azure Gap Diving, Okinawa [Central Okinawa] Glowing blue Cave Diving, Snorkeling Experience, Okinawa, Seoul Hanbok Encounter, Seoul [Popular Drinking water Actions in Boracay, Philippines] Parasailing, drinking water speedboat, seabed Strolling, aircraft skiing, Philippines, Bangkok, learning Thai cooking and cooking food, Bangkok KKday, KLOOK 2019 Experience Top 10 In terms of experience itinerary, Singapore's high-speed scooters or aerial seat elevates, diving in Okinawa's azure caves, or attempting Korean steaming curtains, etc. Both have grown to be popular encounters on dual systems. The Hanbok experience is an annual Top 10 experience that seems on both KKday and KLOOK systems. KKday KLOOK believes that Taiwanese travelers are willing to try more "hands-on" itineraries and use their own emotions to create distinctive travel experiences and memories instead of travelling in popular sights. KKday mentioned that travelers are usually increasingly pursuing individualized style, combining preferences and interests. For instance, people who prefer to experience costumes will experience traditional costumes everywhere, people who like to enjoy it will head to massage spas everywhere, and folks who like powerful activities will also find corresponding actions to participate. Further reading through: Self-made "International World Worry Day": So how exactly does KKday work with PopDaily to make a shift carnival of 450,000 individuals? Giving up the position of Agoda's vice president and embracing brand new innovations, what opportunities can Klook Industrial Chief Enthusiast Wei see? Editor in charge: Chen Yingxuan
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volkswagen golf insurance cost
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Best Credit Cards for Women Singapore 2019
Credit cards reward
you for a thorough list of things. Be it shopping, paying for health club membership, or doing weekly grocery runs-- you name it, they have it. How do you choose which card
you need and what best suits you? Some qualities that banks use to'target'ladies customers: more regular shopping purchases and greater bills(online +offline )more frequent journeys to the supermarket
reservation of getaways
delighting in spa/healthcare treatments
* this list is non-exhaustive
Advantages of Women's Credit Cards
Benefits for online, offline, local and overseas shopping
Unique rates and discounts on style, healthcare and appeal items
Complimentary drinks at getting involved clubs and bars
Flexibility to transform large purchases into interest-free instalment payment plans
While numerous charge card frequently boast attractive promotional offers, this contrast concentrates on just the value that each card needs to offer.
Card CallYearly FeeMinutes. Annual IncomeCashback CapBenefitsBest For DBS Female's Card$160.50 (waived for first year)Singaporean/PR: S$ 30,000 Foreigner: S$ 45,000On every $1000 spent5X DBS Points (or 10 miles) on online purchases 1X DBS Point (or 2 miles) on other purchases 0% Interest Payment Strategies over 12 months e-Commerce Security on online purchasesFrequent Online Consumer DBS Female's World Card$192.60 (waived for very first year)S$ 80,000 and above per year (Singaporean or Foreigner)On every $2000 spent10X DBS Points (or 20 miles) on online purchases 3X DBS Point (or 6 miles) on abroad purchases 1X DBS Point (or 2 miles) on other purchases 0% Interest Payment Strategies over 12 months e-Commerce Defense on online purchasesThe Modern Profession Female UOB Woman's Card$192.60 (waived for very first year)Singaporean/PR: S$ 30,000 Foreigner: S$ 40,000N/AUNI$ 5 for every S$ 5 spent at outlet store, overseas, and online UOB LuxePay splits shoe/ bags over S$ 500 into instalment plansLuxury Consumer UOB Girl's Solitaire Card$406.60 (waived for first year)Singaporean/PR: S$ 120,000N/A10X UNI$: - luxury merchants, regional department shops, whilst overseas and by means of online shops. - On your taxi fareCrazy Rich Asian (Women) UOB Delight Charge Card$85.60 (waived for very first year)Singaporean/PR: S$ 30,000 Foreigner: S$ 40,000N/AUp to 8% rebate at Freezer, Market Location, Jasons, Giant and Guardian 10% off over 4,000 house brand names at Cold Storage, Giant and Guardian Approximately 3% refund on contactless transactions and recurring expenses 0.3% rebate on all other invest - CLEVER dollarsStay-home Mommies OCBC 365 Card$192.60 (waived for first 2 years)Singaporean/PR: S$ 30,000 Immigrant: S$ 45,000$80- 6% regional and abroad dining, every day Online food delivery - 3% Regional and overseas groceries Online groceries - 3% Regional and abroad private hire rides, consisting of bikes (e.g. Grab and Go-Jek) Regional and abroad taxi (e.g. ComfortDelGro) - 3% Online air and cruise tickets purchase Online hotel and tour reservations (e.g. Agoda and Airbnb) + much moreYoung Working Grownups Citi Benefits Card$192.60 (waived for very first year)Singaporean/PR: S$ 30,000 Immigrant: S$ 42,00010,000 points per declaration month- Make 10X Rewards * on your shopping all year long. Shopping is more rewarding with the Citi Benefits Card! - Make 10X Benefits * when you look for shoes, bags and clothes at online or retail stores, or outlet store, in your area and overseas.Shopaholics DBS Live Fresh Student Card(Approximately 27 years old )$128.40(5-year cost waiver)N/A$ 60 -0.3% cashback on all costs-doubles up as an ATMcard Trainees Amex CapitaCard $171.20(waived for very first year)Singaporean/PR: > S$ 30,000 Foreigner: >S$ 60,000 N/A- Make STAR$ ® in getting involved CapitaLand Malls(valid from nowtill 31 December 2019)-3-hour complimentary parking throughout CapitaLand shopping centers when >S$ 1,200 spent regular monthly-benefits at house and worldwide Frequent shopping in malls UOB ONE Card$192.60(waived for first year )Singapore citizen/PR: Minutes. annual earnings of S$ 30,000 OR Fixed Deposit collateral of at least S$ 10,000 Foreigners: Min. annual earnings of S$ 40,000 OR Fixed Depositcollateral of a minimum of S$ 10,000 N/AMake rebates quaterly with different tier spendings ($500,$1000 ,$2000 )to get$ 50-$300 refund Consistent Spender Read evaluations for the discussed charge card and numerous more here. 1. For the Tertiary Trainee: DBS Live Fresh Trainee Card Thisone's popular among undergrads for how lax they are with the criterias to own this card, whileusing a good$500 credit line
. Why People Pick This Card: No minimum earnings required one-year cost waiver
credit limitation of S$ 500 5%cashback for online shopping and Visa payWave purchases
0.3% cashback on all other costs 2. For the Profession Female: UOB Lady's Card Why People Choose This Card:$5 invested in shopping and taking a taxi makes
you UNI$ 5 take pleasure in Mastercard red wine
privileges totally free weekend parking 3.
For the Dedicated Mother: UOB
Delight Card Why Individuals Pick
This Card: This is the card to have for all your grocery store requires. 8% rebates at all significant grocery store chains(Freezer, Market Place, Jasons, Giant, Guardian
)10 %off house brands at Freezer, Giant and
Guardian Extra 3%refund when you charge repeating expenses on the card
for contactless deals 20%discount rate
at fuel stations Approximately
75 %off for hotel remains worldwide and dining benefits Concerns from the community:"Do women find it more difficult to conserve and
invest? It seems that females are still paid lower than guys today
-how huge the impact on them?" Find out more. "How should women prepare their financial resources various from their men equivalents?""> Read more. The post Finest Credit Cards for Women Singapore 2019 appeared initially on Seedly-Get Abundant Or Pass Away Tryin'
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theinvinciblenoob · 6 years
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Despite the rise in electric scooters in the U.S., you’d be forgiven for thinking that Asia — the region where bike-sharing foreshadowed the rise of e-scooters — has been left off the party. But e-scooters have quietly been in the region for some time and now they are beginning to ramp up.
Singapore-based Neuron Mobility is one such riser, and the company announced today that it has raised a SG$5 million ($3.7 million) seed round to explore overseas growth opportunities. The money comes from a collection of investors that include SeedPlus, 500 Startups, SEEDS Capital, ACE Capital, undisclosed angels and family offices.
Founded in 2016, Neuron has offered electric scooters in Singapore since last year. That fleet is currently downsized, CEO Zachary Wang told TechCrunch in an interview, because the startup is awaiting new regulation from the Singapore government. He expects that to take another one or two months. At its peak, Wang said, Neuron was Singapore’s latest provider with around 1,000 e-scooters on the island nation, although the number is down to “a few hundred” right now.
Scooters from Neuron and other rivals have been impounded in Singapore in recent times because they have been parked in illegal areas. Singapore currently prohibits scooters from being left in public places, such as subway stations, but pre-defined adjacent spaces are OK. As such, Neuron charges users a $5 fee when they leave their ride in the wrong place. That’s detected by geo-fencing tech and the charge covers the cost of sending a staffer to move it, Wang explained.
Despite it forcing the startup to slim down its operations, Wang is supportive of the Singapore government’s moves. Admitting that on-demand bikes and scooters can pile up “like rubbish on the streets in many cities,” the Neuron CEO said that “multi-use of sidewalk pavements [from scooters and other services] is here to stay and regulation brings rights to operate, which is a good thing.”
[Left to right] Neuron Mobility founders Harry Yu and Zachary Wang started the Singapore-based company in 2016
While it is liaising with the Singapore government, Neuron is also taking its first steps overseas. That’s seen it deploy scooters in Thailand — capital Bangkok and northern city Chiang Mai — with an expansion to Malaysia set to happen before the end of this year.
It has trodden carefully, however. In Bangkok, Neuron is working with real estate giant Sansiri to offer last mile options around one of the developer’s main sites that includes retail, residential and education facilities in close proximity. In Chiang Mai, it is offering transportation in the old part of the city, which is popular with Chinese tourists and where bike-sharing services like Mobike are popular.
When pressed on safety, Wang said that keeping the focus on specific parts of the city is important. Indeed, Asia’s mega cities are frankly dangerous for even seasoned motorcycle or bike drivers, let alone part-time electric scooter riders, while a number of people in the U.S. have died following collisions with e-scooters. With that in mind, Neuron said it is also planning a “ride responsibility” campaign.
Looking beyond Malaysia, Wang said that Neuron aspires to be in other parts of Southeast Asia — which houses more than 650 million people — as well as cities that are comparable to Singapore, such as those in Australia. Those expansions, however, won’t happen until the startup raises another round of funding; that’s something that he anticipates could come in the first half of 2019, although Wang is coy on details at this point.
Speaking more broadly about the expansion of e-scooter startups like Bird and Lime, which have moved into Europe and most recently Asia, Wang — the Neuron CEO — stressed the importance of local players.
“The Southeast Asia game must be played by Southeast Asia players because the region is so fragmented,” he said. “Traditionally, it is very difficult to penetrate markets, so the hyper-local approach becomes all important.”
Beyond working with regulators, Wang said another example of its local approach is that it is developing its own bespoke scooters, rather than going with off-the-shelf products from the likes of Xiaomi -owned Ninebot, which is outfitting most U.S. startups. Neuron’s “next-gen” scooter will “come to market pretty soon,” he said.
Neuron has occupied a unique position since it has been around since before bike-sharing startups flooded Southeast Asia last year following the trend in China. Unlike Ofo, oBike and countless others who expanded and then fled Southeast Asian markets, Wang believes that e-scooters are more sustainable as a business because the unit economics are healthier.
“Our rides can be benchmarked against taxi rides,” he explained. While, more generally, e-scooters are “priced between public transportation and taxis” rather than being cheaper than both, as is the case for dockless cycles.
via TechCrunch
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fmservers · 6 years
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Neuron Mobility raises $3.7M to bring e-scooters to Southeast Asia’s cities
Despite the rise in electric scooters in the U.S, you’d be forgiven for thinking that Asia — the region where bike-sharing foreshadowed the rise of e-scooters — has been left off the party. But e-scooters have quietly been in the region for some time and now they are beginning to ramp up their plans.
Singapore-based Neuron Mobility is one such riser, and the company announced today that it has raised a SG$5 million ($3.7 million) seed round to explore overseas growth opportunities. The money comes from a collection of investors that include SeedPlus, 500 Startups, SEEDS Capital, ACE Capital, undisclosed angels and family offices.
Founded in 2016, Neuron has offered electric scooters in Singapore since last year. That fleet is currently downsized, CEO Zachary Wang told TechCrunch in an interview, because the startup is awaiting new regulation from the Singapore government. He expects that to take another one or two months. At its peak, Wang said, Neuron was Singapore’s latest provider with around 1,000 e-scooters on the island nation, although the number is down to “a few hundred” right now.
Scooters from Neuron and other rivals have been impounded in Singapore in recent times because they have been parked in illegal areas. Singapore currently prohibits scooters from being left in public places, such as subway stations, but pre-defined adjacent spaces are ok. As such, Neuron charges users a $5 fee when they leave their ride in the wrong place. That’s detected by geo-fencing tech and the charge covers the cost of sending a staffer to move it, Wang explained.
Despite it forcing the startup to slim down its operations, Wang is supportive of the Singapore government’s moves. Admitting that on-demand bikes and scooters can pile up “like rubbish on the streets in many cities,” the Neuron CEO said that “multi-use of sidewalk pavements [from scooters and other services] is here to stay and regulation brings rights to operate, which is a good thing.”
[Left to right] Neuron Mobility founders Harry Yu and Zachary Wang started the Singapore-based company in 2016
While it is liaising with the Singapore government, Neuron is also taking its first steps overseas. That’s seen it deploy scooters in Thailand — capital Bangkok and northern city Chiang Mai — with an expansion to Malaysia set to happen before the end of this year.
It has trodden carefully, however. In Bangkok, Neuron is working with real estate giant Sansiri to offer last mile options around one of the developer’s main sites that includes retail, residential and education facilities in close proximity. In Chiang Mai, it is offering transportation in the old part of the city, which is popular with Chinese tourists and where bike-sharing services like Mobike are popular.
When pressed on safety, Wang said that keeping the focus on specific parts of the city is important. Indeed, Asia’s mega cities are frankly dangerous for even seasoned motorcycle or bike drivers, let alone part-time electric scooter riders, while a number of people in the U.S. have died following collisions with e-scooters. With that in mind, Neuron said it is also planning a ‘ride responsibility’ campaign.
Looking beyond Malaysia, Wang said that Neuron aspires to be in other parts of Southeast Asia — which houses over 650 million people — as well as cities that are comparable to Singapore, such as those in Australia. Those expansions, however, won’t happen until the startup raises another round of funding, that’s something that he anticipates could come in the first half of 2019, although Wang is coy on details at this point.
Speaking more broadly about the expansion of e-scooter startups like Bird and Lime, which have moved into Europe and most recently Asia, Wang — the Neuron CEO — stressed the importance of local players.
“The Southeast Asia game must be played by Southeast Asia players because the region is so fragmented,” he said. “Traditionally, it is very difficult to penetrate markets so the hyper-local approach becomes all important.”
Beyond working with regulators, Wang said another example of its local approach is that it is developing its own bespoke scooters, rather than going with off-the-shelf products from the likes of Xiaomi -owned NineBot, which is outfitting most U.S. startups. Neuron’s ‘next-gen’ scooter will “come to market pretty soon,” he said.
Neuron has occupied a unique position since it has been around since before bike-sharing startups flooded Southeast Asia last year following the trend in China. Unlike Ofo, oBike and countless others who expanded and then fled Southeast Asian markets, Wang believes that e-scooters are more sustainable as a business because the unit economics are healthier.
“Our rides can be benchmarked against taxi rides,” he explained. While, more generally, e-scooters are “priced between public transportation and taxis” rather than being cheaper than both, as is the case for dockless cycles.
Via Jon Russell https://techcrunch.com
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cgxsg-blog · 7 years
Text
June 12-18 2017 [Week 5]
I can’t believe it’s been a month since I arrived in Singapore! The first two weeks went by slowly but the past few days whizzed by at lightning speed. Since the previous 2 interns left, I have been swamped with tasks. On Monday June 12, I completed a cBOT clustering and NextSeq run. Those two tasks took up most of my time, but I was faster at the sample preparation processes. By the time I went down for lunch, Mealbox was almost empty. I ordered the vegetarian meal with rice, tomato, and sweet potatoes since I was too tired to decide what I felt like eating. When I got home, I felt lethargic so I took it easy at the gym and cycled around 6km. 
Click ‘Text’ to read the rest of the post!
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Monday’s lunch because I cannot stop getting vegetarian food.
Tuesday June 13 was another busy day at work. The morning consisted of all the HiSeq washes for 2 sequencers and another NextSeq run. All these tasks also resulted in a late lunch. I ordered fried fish bee hoon from Ban Mian which was a light but delicious lunch. It consisted of fried fish filets, bok choy, and shrimp flakes in a soup noodle. After lunch, I started 2 HiSeq runs. I felt familiar with the protocols, but still needed to practice in order to increase my efficiency. To make up for my lazy gym day yesterday, I killed the elliptical at the gym and did light weight-lifting. After the heavy workout, I overate during dinner, which caused me to have a stomachache in the evening. Lesson learned.
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Tuesday’s lunch. Funny story: the server asked me if I wanted milk, to which I replied no because I thought she was asking if I wanted to drink milk. Little did I know she meant if I wanted milk in the soup. This is my cousin’s favourite meal of all time so naturally he laughed forever when I told him about my confusion.
I woke up during the morning of Wednesday June 14 feeling normal despite my stomachache last night. In the morning, I completed another cBOT clustering. I definitely sped up during the processes, although it still took the entire morning. At the same time, I also completed the HiSeq washes in order to use it for sequencing in the afternoon. For lunch, I ordered Yong Tau Foo. I picked a variety of seafood items with carrots and bok choy in dry ramen noodles. I planned on starting my HiSeq run immediately following lunch but was delayed because the clustering was not finished. Instead of going to the gym after work, I swam a few laps around the pool. My cousin tagged along but I focused on exercising. Later in the evening, my cousin and I drew and coloured Pokémon. He drew Electrode, Oddish, Wailmer, and Foongus while I drew Luvdisc and Wooper. 
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Wednesday’s lunch. The light at the table where I sat was broken so this picture came out dark.
Thursday June 14 was a calm day at work. In the morning I started a NextSeq run and washed a HiSeq. I caved in and ordered vegetarian during lunch with the best combination of salad, Japanese dressing, rice, tofu, and corn. At the gym, I did light weight-training first then ran on the treadmill for 20 minutes. It was a moderate workout which made me hungry during dinner but I controlled my food intake this time.
I woke up on Friday June 15 by a visit from Mother Nature because it’s the time of the month. Nevertheless, I was excited because our whole family is going to D’Resort this weekend! In the morning, I did cBOT clustering and a NextSeq run. During lunch, I took the one-north rider shuttle bus with some other interns to Ghim Moh Market & Food Centre, a hawker center close to GIS. For the longest time, I thought the food stalls on the first floors of HDB buildings were hawker centers. However, hawker centers are huge open markets with shops that sell groceries, clothes, and food. At Ghim Moh, I ordered carrot cake from Ghim Moh Carrot Cake (surprise!), red bean pancake from Granny’s Pancake, and chwee kueh from Ghim Moh Chwee Kueh (today is full of surprises). The carrot cake was made of rice noodles, egg, and radish (I believe), not carrots. Chwee kueh is steamed rice cake with with salty preserved radish as a topping. My favourite was the red bean pancake. The perfect consistency along with my favourite topping made it the best pancake I’ve ever had, even better than the one at Bread Street Kitchen. Sorry, Gordon Ramsay. Lunch was satisfying and delicious. I will definitely return many times in the future to try all the authentic Singaporean food before going back to Vancouver. After work, I made a few stops to run some errands before heading off to D’Resort.
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Chwee Kueh.
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Carrot cake with absolutely no carrots.
It was a lengthy ride to Pasir Ris, the last stop on the East-West line. I met up with my aunt, uncle, and cousin at White Sands, the mall right beside the MRT station. We headed off to the food court for dinner. I ordered Yong Tau Foo, but this place was different from the one at Mealbox. It was a blend of tofu and fish balls in a gravy-like sauce with rice and soup on the side. I did not get to pick which toppings I wanted in the sauce. Nevertheless, everything was tasty which made sense since this place is famous for their Yong Tau Foo according to my aunt. We headed off to our hotel room shortly afterwards. We stayed at Beach Cove in last room before the elevators.
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A different kind of Yong Tau Foo from the foodcourt at White Sands.
On Saturday June 16, I woke up at 7am from rooster calls. The circadian clocks of these animals were astonishing accurate, since sunrise was 6:58am according to the weather widget on the hotel room’s TV. I didn’t mind waking up early since the bed and pillow were comfortable so I had a good night’s rest. My aunt and uncle went for a morning bike ride so I stayed behind with my cousin and played some phone games. After their bike ride, we headed off to E!Hub, a shopping complex next to Beach Cove, for breakfast. My aunt and I ordered kaya toast from Heavenly Wang. She had Kopi, the traditional Singaporean coffee, while I drank honey lemon tea. My cousin and uncle had porridge from KFC. The concept of serving Asian cuisine in fast food restaurants here amuses me to this day.
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The coziest morning.
My cousin and uncle went to my cousin’s tennis class after breakfast so my aunt and I rested in our hotel room. For lunch, we ate at The Basil Inn, a Thai restaurant. I ordered black cumin rice with floss, egg, cucumber, ginger, and onions on the side while my aunt ordered Pad Thai. We shared a broccoli and shrimp stir-fry. Everything tasted delicious. I cannot wait to visit Thailand! My uncle and cousin came back with my grandparents in the afternoon and I decided to move into their room in the Rainforest building because there were 3 single beds there. I had never seen a hotel room like that!
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Thai lunch aesthetics.
Soon after, we prepared for the BBQ dinner. I attempted to prepare skewers but failed miserably. I decided it was best for me to be in charge of the food consumption instead of preparation. There were beef skewers, Taiwanese sausages, tofu skins, corn, spinach, and cucumbers at the BBQ. My favourite were the Taiwanese sausages since they were mildly sweet but delicious. My grandparents and I took an evening stroll in Pasir Ris park after dinner but it was dark so we couldn’t see the beach scenery. We decided to return the next morning. It was pleasant to spend quality time with my grandparents. This was undoubtedly one of the defining moments that will be imprinted in my collection of memories with them.
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BBQing in the sunset.
I didn’t hear the rooster calls on the morning of Sunday June 17 from the Rainforest building. My grandma woke us up at 7:30am for the morning stroll. The scenery at Pasir Ris park was astounding. Towering palm trees lined the beaches. In the horizon, I could see Malaysia. The sun had just rose so there was a slight breeze in the air. I took advantage of this golden opportunity to take some beautiful iPhone and Polaroid photography since I left my camera at home. It was an extraordinary sight.
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Pasir Ris park and beach. The land in the horizon is Malaysia!
My grandparents and I had breakfast at Ya Kun Kaya Toast. My grandma ordered Mee Siam, my grandpa ordered Laksa, and I ordered kaya butter steamed buns and kaya french toast with milk tea. I can’t comprehend how people eat a bowl of noodles for breakfast. It’s too savoury and heavy for my first meal of the day. We rushed back to our hotel room to finish packing to check out by 11am. We intended to leave D’Resort immediately after checking out but there was a sudden torrential downpour which lasted for a solid hour. When the rain finally eased, we loaded the baggage in the car. My aunt, cousin, and I took a GrabCar home since my uncle’s car didn’t fit us all inside. I fell asleep on the way back. 
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Waiting for the rain to stop.
We had dumplings as a late lunch since we ate breakfast around 10am. I called my parents and wished my dad an early happy father’s day since it was Saturday in Vancouver. I spent the rest of the day resting so I can be refreshed for work next week. My week at work was productive as I gradually eased into the flow of my tasks. The weekend at D’Resort was relaxing and enjoyable. Looking forward to next week!
C.G.
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un-enfant-immature · 6 years
Text
Neuron Mobility raises $3.7M to bring e-scooters to Southeast Asia’s cities
Despite the rise in electric scooters in the U.S., you’d be forgiven for thinking that Asia — the region where bike-sharing foreshadowed the rise of e-scooters — has been left off the party. But e-scooters have quietly been in the region for some time and now they are beginning to ramp up.
Singapore-based Neuron Mobility is one such riser, and the company announced today that it has raised a SG$5 million ($3.7 million) seed round to explore overseas growth opportunities. The money comes from a collection of investors that include SeedPlus, 500 Startups, SEEDS Capital, ACE Capital, undisclosed angels and family offices.
Founded in 2016, Neuron has offered electric scooters in Singapore since last year. That fleet is currently downsized, CEO Zachary Wang told TechCrunch in an interview, because the startup is awaiting new regulation from the Singapore government. He expects that to take another one or two months. At its peak, Wang said, Neuron was Singapore’s latest provider with around 1,000 e-scooters on the island nation, although the number is down to “a few hundred” right now.
Scooters from Neuron and other rivals have been impounded in Singapore in recent times because they have been parked in illegal areas. Singapore currently prohibits scooters from being left in public places, such as subway stations, but pre-defined adjacent spaces are OK. As such, Neuron charges users a $5 fee when they leave their ride in the wrong place. That’s detected by geo-fencing tech and the charge covers the cost of sending a staffer to move it, Wang explained.
Despite it forcing the startup to slim down its operations, Wang is supportive of the Singapore government’s moves. Admitting that on-demand bikes and scooters can pile up “like rubbish on the streets in many cities,” the Neuron CEO said that “multi-use of sidewalk pavements [from scooters and other services] is here to stay and regulation brings rights to operate, which is a good thing.”
[Left to right] Neuron Mobility founders Harry Yu and Zachary Wang started the Singapore-based company in 2016
While it is liaising with the Singapore government, Neuron is also taking its first steps overseas. That’s seen it deploy scooters in Thailand — capital Bangkok and northern city Chiang Mai — with an expansion to Malaysia set to happen before the end of this year.
It has trodden carefully, however. In Bangkok, Neuron is working with real estate giant Sansiri to offer last mile options around one of the developer’s main sites that includes retail, residential and education facilities in close proximity. In Chiang Mai, it is offering transportation in the old part of the city, which is popular with Chinese tourists and where bike-sharing services like Mobike are popular.
When pressed on safety, Wang said that keeping the focus on specific parts of the city is important. Indeed, Asia’s mega cities are frankly dangerous for even seasoned motorcycle or bike drivers, let alone part-time electric scooter riders, while a number of people in the U.S. have died following collisions with e-scooters. With that in mind, Neuron said it is also planning a “ride responsibility” campaign.
Looking beyond Malaysia, Wang said that Neuron aspires to be in other parts of Southeast Asia — which houses more than 650 million people — as well as cities that are comparable to Singapore, such as those in Australia. Those expansions, however, won’t happen until the startup raises another round of funding; that’s something that he anticipates could come in the first half of 2019, although Wang is coy on details at this point.
Speaking more broadly about the expansion of e-scooter startups like Bird and Lime, which have moved into Europe and most recently Asia, Wang — the Neuron CEO — stressed the importance of local players.
“The Southeast Asia game must be played by Southeast Asia players because the region is so fragmented,” he said. “Traditionally, it is very difficult to penetrate markets, so the hyper-local approach becomes all important.”
Beyond working with regulators, Wang said another example of its local approach is that it is developing its own bespoke scooters, rather than going with off-the-shelf products from the likes of Xiaomi -owned Ninebot, which is outfitting most U.S. startups. Neuron’s “next-gen” scooter will “come to market pretty soon,” he said.
Neuron has occupied a unique position since it has been around since before bike-sharing startups flooded Southeast Asia last year following the trend in China. Unlike Ofo, oBike and countless others who expanded and then fled Southeast Asian markets, Wang believes that e-scooters are more sustainable as a business because the unit economics are healthier.
“Our rides can be benchmarked against taxi rides,” he explained. While, more generally, e-scooters are “priced between public transportation and taxis” rather than being cheaper than both, as is the case for dockless cycles.
0 notes