TES, Strides Mobility Sign Agreement on EV Batteries, Charging Infrastructure

TES, a global leader in sustainable technology services, has signed an MoU with Singapore-based transportation company, Strides Mobility to collaborate on lithium-ion battery recycling and electric vehicle charging infrastructure expansion in Singapore. Under the agreement, TES and Strides Mobility will work on EV battery recycling and charging as well as energy storage initiatives.

The deal involves information sharing on numerous aspects of e-mobility. TES said that it will provide services such as battery life cycle assessment, the safe handling and recycling of end-of-life EV batteries. There will also be use of TES’ 2nd Life Energy Storage System (ESS) technology in Stride Mobility’s growing charging station infrastructure.

The sustainable technology services and bespoke solutions of TES help clients manage the commission, deployment, and retirement of technology devices and components.

EV Charging Firm Terawatt In $1 Billion Funding Deal

Also Read

Strides Mobility operates a sizable fleet of EV taxis and is a provider of electric Mobility-as-a-Service (eMaaS) to corporate fleet owners. TES and Strides Mobility will work together closely to build the infrastructure, supporting the reverse supply chain and future innovations to help ensure that Singapore remains a thought leader in this space.

Terence Ng, Executive Chairman, TES, held, “This is a great day for all Singaporeans who care about e-mobility. It is our privilege to work closely with Strides Frontier as it begins to take significant steps on its journey to provide a clean EV fleet that can be enjoyed by all Singaporeans.”

The Executive Chairman of TES held that this kind of partnership is exactly why TES has invested heavily in end-of-life battery services, for which it is becoming well known.

Electric Vehicle Registration Rates Double in Singapore

Also Read

Ng also mentioned that TES is excited to work in its ‘hometown’ of Singapore to deploy its ESS technology and increase its involvement in the regional and global quest to expand and upgrade the EV charging infrastructure. He further stated, “Singapore has long distinguished itself as both a global transportation and logistics hub and as a Garden City that is leading the way in sustainability. This agreement with the Strides Frontier organization will help further advance Singapore’s status in these global leadership categories.”

Under Singapore Green Plan 2030, the country aims to develop a greener transport sector by reducing peak land transport emissions by 80% by 2050. Of all the new cars purchased in the first five months of this year, about 8.4% were EVs, which is 20 times greater than the EV sales happen last year in the corresponding months.