ComfortDelGro Corporation Limited and Guangzhou Public Transport Group (GZPTG) have entered into a strategic partnership to develop and promote transport-related green energy businesses. Leveraging each other's expertise in transportation and sustainable energy solutions, the two companies are collaborating to invest, build and operate green energy projects. This will include investments in the construction of automotive electric charging and swapping stations and ancillary solar photovoltaic and energy storage systems to support the charging and swapping business.

For a start, their initial joint project will deliver 60 chargers with 3,600kw capacity to cater to the needs of municipal buses and cars in Guangzhou, China. ComfortDelGro Managing Director/Group CEO, Mr. Cheng Siak Kian, and GZPTG Chairman/General Manager, Mr. Li Xiao Jun, signed a Memorandum of Understanding (MoU) this morning, 26 June 2023, to formally announce this strategic cooperation which comes under the auspice of the 13th Singapore-Guangdong Collaboration Council that is co-chaired by Minister for Health, Mr. Ong Ye Kung, and Guangdong Governor, Mr. Wang Weizhong. Earlier in April 2023, the two companies had also signed an MoU to collaborate as partners in the taxi business in China.

Companies also signed an MoU with Chengdu Hexintong Vehicle Inspection Co. Ltd. to cooperate on a vehicle inspection centre in Chengdu. The centre has the capacity to conduct inspections for up to 80,000 vehicles a year.

Significantly, the centre will be only one of three centres in Chengdu that can conduct inspection for all types of vehicles. Locally in Singapore, ComfortDelGro has been in the environmental sustainability business since 2021 in joint ventures with ENGIE South East Asia to provide EV charging solutions and renewable solar energy. To-date, have installed 500 charging points and this will double to 1,000 by year-end.