Sign up for the Daily Newsletter, sent exclusively to our premium subscribers. We break down the big and messy topics of Asia’s tech and startup community. Get the newsletter in your inbox everyday with a premium subscription.
Hi readers,
There’s always been buzz around EVs – in my friend group, at least. But despite the enthusiasm, two issues always come up: the lack of charging stations and, more importantly for me, the costs. Sure, sticker prices have decreased considerably as more players got into the EV space.
However, a plethora of gas-powered alternatives within the same spec range are still more affordable. A Nissan Leaf – touted as “an all-electric car” would run me around US$34,000, while a Nissan Almera with the same seating capacity (it’s slower, though) would cost me more than half of that.
One company looking to make EV usage cheaper is GetGo, a car-sharing company based in Singapore. The startup says it is the most convenient and affordable way for Singaporeans to drive EVs.
To that end, the company has been teaming up with charging station operators and making investments into growing its fleet.
GetGo also says it’s looking to build upon these initiatives in 2025. As more details emerge, we’ll be sure to let you know.
— Miguel Cordon, journalist at Tech in Asia
Top stories this week
Image credit: Timmy Loen
1️. GetGo drives revenues at a cost as bottom line turns red
The costs may be worth it for the car-sharing firm, which expects to be profitable this year.
2. Travel sector takes Indonesia’s BNPL industry on a joyride
From train systems to gasoline stations, many of the country’s everyday services have spurred activity in BNPL platforms.
3. Instagram co-founder backs startup helping devs fend off AI
CodeCrafters’ platform helps experienced programmers stay ahead of AI through its “build your own X” curriculum.
4. A bigshot VC reached out to you. What now?
Here are the things you need to consider before accepting that meeting invitation.
5. How Trump and Apple could ignite Indonesia’s industrial growth
Indonesia’s tough stance on the tech giant may prove prescient as multinationals seek alternatives to China.
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
