Monthly Archives: December 2016

Renowned Angel Investors Set Sights on Southeast Asia and India

  PRNewswire/ — Two of the most experienced and successful angel investors of the last 15 years — Michael Blakey and William Klippgen, both household names on the UK and Singapore’s startup scenes, respectively — have joined forces to set up a new SGD10 million seed venture firm in Singapore. True to its name, Cocoon Capital will focus on early-stage investments ranging from SGD350,000 to SGD1m. It boasts a new

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Should BR1M Recipients Drive for Ride-Sharing Services?

Eligible Malaysians can now begin applying for the the 2017 1Malaysia People’s Aid (BR1M) programme. The application period, which began Dec 5th, runs until the 31st, according to the Finance Ministry. Successful applicants will see payouts made in stages beginning February 2017. With recipients set to receive a total of between RM450 and RM1,200 based on their income bracket, many will now

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Bangalore Metro Sets Last-Mile Connectivity Example For Malaysia

Soon, commuters in Bangalore, India will no longer have to worry about last-mile connectivity. Bangalore Metro Rail Corporation Limited (BMRCL), which operates the mass transit system servicing the city, wants to provide app-based taxi services to its customers. In a tender called on Dec 3rd, BMRCL said it is inviting bidders for a two-year exclusive licence to operate taxi services

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2016 Best Place to Work in Asia Award Goes to…

DHL Express, the world’s leading international express services provider, is proud to announce that it has been honored again as a leading employer and an excellent workplace in multiple markets across Asia Pacific by leading human capital organizations — Aon Hewitt, Top Employers Institute, and Great Place to Work® Institute.The company consistently scored high marks for its excellent employee culture, policies, and practices. SINGAPORE,

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Startup Launches the Most Powerful Legal Urban Electric Bike

Momentum Electric, a London-based electric bicycle company has just launched the most powerful legal electric bike, VIT-S, on crowdfunding campaign site Kickstarter. PRNewswire/ —  VIT-S is the most powerful electric bike with a maximum power of 700W and 95Nm of torque and meets EU and US rated power requirements of 250W and 350W. It has a range of up to 160km on a single charge. The motor on VIT-S is the result

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Europe’s Largest Electric Public Bus Fleet in Dutch Cities

All 43 public buses in the Dutch cities of Eindhoven and Helmond will be electrically powered, starting the 11th of December. Together they form the largest zero-emission bus fleet in public transport in Europe. HILVERSUM, Netherlands, December 5, 2016 /PRNewswire/ — It’s the first public transport concession in Europe to deploy that many fully electric buses. London, for example, has 51 electric buses, but these are standard buses. The extra-long articulated

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Segway Expands Launch of Its One S1 – a Single Wheel, Electric, Self Balancing Wonder

One S1 to be Showcased at CES 2017 from January 5-8 in Las Vegas BEDFORD, N.H.–(BUSINESS WIRE)–Today, Segway Inc. (Segway), the world’s leading provider of electric personal transportation continues its expansion from a renowned manufacturer of commercial-grade products to also becoming an innovator in the consumer market, with the debut of its One S1 at brick and mortar retailers throughout North America.

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Nikola Unveiled Class 8 Hydrogen-electric Truck to Start Production by 2020

The Nikola One fully electric drivetrain powered by lithium batteries supplied on-the-go by a hydrogen fuel cell giving a range of 800 – 1,200 miles with 1,000 horsepower and 2,000 ft. lbs. of torque.  Sets a New benchmark for Class 8 truck in fuel efficiency and performance– all with zero-emissions. SALT LAKE CITY, Dec. 1, 2016 /PRNewswire/ — Nikola (pronounced Neek-oh-la) Motor Company unveiled its highly anticipated Nikola One

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Malaysia Mass Transit Card Offers Unlimited Rides and Privilege Programs

With the tagline “One is all you need”, the MyRapid cashless card was introduced in 2011 to provide convenient travel and hassle-free mass transit and bus rides in Kuala Lumpur Malaysia. MyRapid Card can be used for RapidKL LRT, Monorail, BRT and Bus services as well as Park & Ride Facilities at the Gombak and Ampang Park stations. MyRapid Card features 6 products and sub-categories that

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Thrustcycle Debuts New Prototype of Self-Balancing Motorcycle

PRNewswire/ — Thrustcycle Enterprises LLC is excited to announce the debut of a new prototype of the GyroCycle, a revolutionary self-balancing electric motorcycle. With its first model scheduled for production in 2017, Thrustcycle aims to be the first company to bring a self-stabilizing gyroscopic motorcycle to market. “The GyroCycle is an energy efficient vehicle with rock solid stability,” said company President Clyde

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