Boustead Singapore Kickstarts EV Swap Stations

Boustead Singapore (SG:F9D) has released an update.

Boustead Singapore has partnered with Evotion Labs to launch Singapore’s first motorcycle EV battery swap stations, aiming to reduce charging times with a network of 22 stations by end of 2024, and a target of 400 in two years. This move enhances Boustead’s green initiatives and aligns with Singapore’s Green Plan 2030, while reinforcing its leadership in Green Mark Platinum-rated industrial developments and the integration of renewable energy solutions.

For further insights into SG:F9D stock, check out TipRanks’ Stock Analysis page.