Investors push SE Asia’s ride-hailing firms towards green mobility

Southeast Asian ride-hailing and food delivery services are racing toward eco-friendly mobility, with targets to deploy more electric and low-emission vehicles as governments and investors push for greener economies.

Singapore’s Grab recently pledged to transition to low-emission vehicles to achieve carbon neutrality by 2040, the initial step being to replace its ride-hailing fleet in the city-state with such vehicles by 2030.

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