SMRT’s Strides Digital said it will be working with Pan Pacific Leasing to provide digital fleet management services for the EVs that were previously from EVCo.
EVCo, also known as Strides DST, was incorporated in March 2022 with a paid-up capital of $10 million. It was 60 per cent owned by transport operator SMRT’s business arm Strides Holdings and 40 per cent by Dishangtie Green Technology . Baker Tilly, the appointed liquidator, said the sale of EVCo’s vehicles is not the end of the liquidation process as there are “further assets and claims to be realised”.
Checks by ST found six units of the Shineray X30L electric vans for sale on online classified site Sgcarmart. EVCo was the only company to have imported this brand of vehicle to Singapore. These vehicles, registered on the last two days of March 2023, are listed for sale at between $80,800 and $81,800.