Singapore-based classifieds firm and unicorn Carousell has partnered with car subscription firm Carzuno while electric motorcycle maker Scorpio Electric has contracted Chinese enterprise Shenzhen BYD to build a pre-production prototype for its electric motorcycle named X1.
Scorpio Electric contracts Shenzhen BYD
Singapore-based electric motorcycle maker Scorpio Electric has contracted Chinese enterprise Shenzhen BYD to build a pre-production prototype (PPR) for its electric motorcycle named X1, per a release.
The company, which is currently finalising its PPR units, plans to build the units in collaboration with Chinese enterprise Shenzhen BYD within this quarter.
These PPR units will further undergo rigorous testing, certification, and homologation. The X1 was initially conceived to develop a premium electric motorcycle that catered to urban environmentally conscious consumers.
Scorpio Electric will also be participating in the Esposizione Internazionale Ciclo Motociclo e Accessori (EICMA) exhibition in Milan to officially unveil the X1, alongside other future electric motorcycle models.
Founded in 2017, Scorpio Electric aims to be a global brand and technology innovator in the two-wheel electric space.
Carousell partners Carzuno for subscription service
Singapore-based classifieds firm Carousell has partnered with car subscription firm Carzuno to launch the Carousell Car Subscription service in Singapore, according to a press release.
The service provides end-to-end digital service, enabling them to choose their preferred car and return it without leaving their home.
Carousell is a multi-category platform for secondhand goods in Greater Southeast Asia, hosting a diverse range of products including cars, lifestyle, gadgets and fashion accessories.
The company joined Southeast Asia’s unicorn club after raising $100 million in 2021 at a valuation of $1.1 billion.
Carousell started off in 2012 as a marketplace to buy and sell used items, mainly lifestyle products. Initially, the bulk of its transactions were from Singapore, but the company branched out to Malaysia and Taiwan in end-2014. In 2017, the company forayed into property and automotive listings.