Ryde Group Ltd. Partners with Atoll Discovery to Launch Premium EV Service in Singapore's Luxury Transport Market
Ryde Group Ltd has entered into a strategic partnership with Atoll Discovery Pte Ltd as part of its expansion into Singapore's ultra-premium electric vehicle market. With Ryde's recent acquisition of a 40% stake in Atoll, the collaboration grants Ryde access to Atoll's GAC E9 plug-in hybrid electric vehicle fleet and its high-value corporate clientele. This partnership is aimed at launching RydeLUXE 6, a premium EV service, enhancing Ryde's revenue through new driver-partner pools, corporate contracts, and bonus incentives. The initiative aligns with Ryde's RydeGreen program, supporting Singapore's goal to electrify 50% of its vehicle population by 2030, and positions Ryde to lead in sustainable mobility and future regional expansion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ryde Group Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1047892) on July 11, 2025, and is solely responsible for the information contained therein.
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