ComfortDelGro to launch DC fast charging services for electric vehicles in Singapore

November 13, 2018
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by Jessica Hernandez
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ComfortDelGro (CDG) will introduce direct current (DC) fast charging stations in Singapore and promises these will fully charge electric vehicles (EVs) in "as little as 30 minutes." The charging infrastructure will be operated by the company's subsidiary ComfortDelGro Engineering in collaboration with Greenlots, and the fast charging service will be priced at 40 cents/kWh. In Singapore, CDG owns a fleet of almost 19,000 vehicles, and the company has shown interest in replacing old vehicles with EVs. Using costly fast charging infrastructure for its own EV fleets as well as selling fast charging services is likely to be a good strategy to reach the high utilization rates necessary for the investment to pay off.

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