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COMFORT DELGRO - MOVING FORWARD
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pikachu
Master |
12-Jul-2023 06:39
Yells: "Holy Cow!" |
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I think the articles are useful | ||||
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Conman
Elite |
12-Jul-2023 01:41
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Supreme Joelton, you are a Supreme who only know how to cut and paste old news others already pasted. Was this how you earned your Supreme title? At least as a Supreme, give some comments or advice or talk cock sing song a bit man!!!🤣 🤣 🤣
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Joelton
Supreme |
11-Jul-2023 16:37
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ComfortDelgro unit to distribute Chinese electric vans in Singapore by end-2023
THE race to get companies to switch to electric vans is heating up, with ComfortDelGro Engineering importing a new Chinese brand for sale or lease by the fourth quarter of 2023.
The subsidiary of transport giant ComfortDelGro will be the exclusive distributor of commercial electric vehicles manufactured by ChangAn KuaYue (KYC).
ComfortDelGro said it is targeting to sell about 100 electric vans by end-2024 through appointed dealerships here before raising the target over time.
The KYC Star V7 electric van, which will be the first KYC model to be introduced here, will be available in both cargo carrying and passenger vehicle forms.
In March, then ComfortDelGro chairman Lim Jit Poh said the group was looking at distributing electric vehicles.
ComfortDelGro spokesman Grace Wu said the company will appoint dealers to sell the vehicles instead of setting up its own showrooms, and partner leasing companies to make KYC vans available for hire.
This is a familiar approach for commercial vehicle importers.
BYD &ndash the best-selling brand among electric vans in the first five months of 2023, with 239 registrations &ndash is distributed by ST Engineering through a network of dealers. The vans can also be leased through motor dealers.
EVCo, which is a subsidiary of SMRT Corporation, offers electric vans from Chinese brand Shineray through leasing or sold through appointed dealers.
In the first five months of 2023, EVCo registered 197 units of Shineray electric vans, all of them in March, before the incentives for cleaner emission commercial vehicles were reduced from April.
Shineray is the second-most popular brand of electric vans so far in 2023, overtaking other electric van brands like Citroen and DFSK that have been here longer.
Besides Shineray, EVCo also offers leases for different electric vans from brands like Maxus and Toyota.
Electric commercial vehicles represented 52.47 per cent of all light commercial vehicles registered between January and May 2023, continuing a trend seen in the first quarter of 2023.
ComfortDelGro is familiar with the motor vehicle business &ndash it has distributed Volvo buses in Singapore since 2000. Before the merger with land transport firm DelGro Corp in 2003, Comfort Group represented passenger car brands, which included Maserati, Perodua, Peugeot and Seat.
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Conman
Elite |
11-Jul-2023 14:57
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I think whoever who wanted to biy 1.19 / 1.20 have already had their wish fulfilled. Now eveybody os waiting for BBs to pump and then sell back to them. | ||||
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Entropy72
Master |
11-Jul-2023 14:24
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It was 4.26 cents in Aug 22
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Conman
Elite |
11-Jul-2023 12:14
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Guru, it's a shame that it distributed so many famous brands before but lost all of them. What actually happened? 🤣 🤣 🤣
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vicloo
Supreme |
11-Jul-2023 10:45
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Second dividend for 2023 with exdate in Aug23 will be announced soon that shall bring it up above 1.25 🚀 🚀 🚀 🚀
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Entropy72
Master |
10-Jul-2023 23:41
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The future of truly driverless taxi on public roads is not as far as you think
HONG KONG, June 16 (Reuters) - China's tech firm Baidu Inc said on Friday that it has obtained a commercial licence from regulators for its driverless ride-hailing service in parts of Shenzhen, the country's tech hub. Its fleet of driverless robotaxis, under the brand Apollo Go, will be allowed to operate and collect fares from passengers across an area of 188 square km (116.82 square miles) in Shenzhen, the company said. Baidu first brought self-driving cars to Shenzhen in 2022 but its cars then were not allowed to go on the roads without human supervisors onboard. Its fleet was also prohibited from collecting fares from passengers. Baidu has obtained licences from three other Chinese cities including Wuhan, Chongqing and Beijing to offer fully driverless service there. But in Beijing, the company is still waiting for a commercial licence. Baidu also said it plans to put an additional 200 fully driverless robotaxis on the road this year. Reporting by Josh Ye editing by Jason Neely and Louise Heavens For those who understand Chinese, see this video by Lianhe Zaobao. https://youtu.be/T_jFZVGUdHk |
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Entropy72
Master |
10-Jul-2023 22:05
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SINGAPORE - The race to get companies to switch to electric vans is heating up, with ComfortDelGro Engineering importing a new Chinese brand for sale or lease by the fourth quarter of 2023.
The subsidiary of transport giant ComfortDelGro will be the exclusive distributor of commercial electric vehicles manufactured by ChangAn KuaYue (KYC). ComfortDelGro said it is targeting to sell about 100 electric vans by end-2024 through appointed dealerships here before raising the target over time. The KYC Star V7 electric van, which will be the first KYC model to be introduced here, will be available in both cargo carrying and passenger vehicle forms. In March, then ComfortDelGro chairman Lim Jit Poh said the group was looking at distributing electric vehicles. ComfortDelGro spokesman Grace Wu said the company will appoint dealers to sell the vehicles instead of setting up its own showrooms, and partner leasing companies to make KYC vans available for hire. This is a familiar approach for commercial vehicle importers. BYD ? the best-selling brand among electric vans in the first five months of 2023, with 239 registrations ? is distributed by ST Engineering through a network of dealers. The vans can also be leased through motor dealers. EVCo, which is a subsidiary of SMRT Corporation, offers electric vans from Chinese brand Shineray through leasing or sold through appointed dealers. In the first five months of 2023, EVCo registered 197 units of Shineray electric vans, all of them in March, before the incentives for cleaner emission commercial vehicles were reduced from April. Shineray is the second-most popular brand of electric vans so far in 2023, overtaking other electric van brands like Citroen and DFSK that have been here longer. Besides Shineray, EVCo also offers leases for different electric vans from brands like Maxus and Toyota. ComfortDelGro said it is targeting to sell about 100 electric vans by end-2024. Electric commercial vehicles represented 52.47 per cent of all light commercial vehicles registered between January and May 2023, continuing a trend seen in the first quarter of 2023. ComfortDelGro is familiar with the motor vehicle business ? it has distributed Volvo buses in Singapore since 2000. Before the merger with land transport firm DelGro Corp in 2003, Comfort Group represented passenger car brands, which included Maserati, Perodua, Peugeot and Seat. |
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rayleigh
Member |
10-Jul-2023 11:03
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CDG being the largest operator was doing nothing. It lost the first mover advantage in enagaging customers through hiring by apps. Uber started fierecely in Europe while CDG was standing still. Moreover, most of the CDG drivers then were uncle and their adoption of tech was real slow. The effect was compounded by the poor management foresight to push the adoption of app and training of their drivers (if there was app ready in the first place). Now, instead of the Comfort App, CDG use an app " zig" which sounds so alien from its name " Comfort" . It lost the relatedness instantly. I am vested in CDG and i hope it can do better.
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Conman
Elite |
09-Jul-2023 10:29
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Of course, this is a World's Leading PR Company. The appoitment titles of its PR Officer and that of SBST will scares you to death.
It needs $6b to change its combustion engine vehicles to EV BUT after the change its capitalisation will jump 3 folds. Employing 2,000 people for a new contract is something awesome. 3 years ago we said we would start a food delivery service. Please be patient and wait lo g long. Bla bla bla, bla bla bla. BB's 'analysts' also copy-cat... - When I shake my head it means yes - Nevermind you dont understand what I write. It's professional way of writing. You only need to know I give very high target price as always - Wjen I say buy it means sell - When I say volumn very high it meams my trading dept buy sell sell buy sell buy using multiple account to lure you to buy from me Bla bla bla, bla bla bla 🤣 🤣
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Conman
Elite |
09-Jul-2023 06:36
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This is because drivers being on the road to earn tough money for a living naturally go for quality fares. For PHVs, there are plenty of bookings to pick and choose from based on prices and destinaations. This is why you an always see lots of cars on the platforms but no one accepts your bookings.
For taxis, there are not many ways they can get quality fares if they dont accept your bookings. If they miss your bookings, they will have to go to shopping malls or MRT statioms to queue for the $5, $6 trips. Otherwise they will have to run all the way from Jurong West to the airport to get good fares. Demands in numbers is not the only probllem faced by taxi drivers. Demands in quality is an even bigger problem. Zoom Bee will only ywll you how many billions trips its drivers make a day but will never tell you how much they earn vs PHV drivers. But I can tell you PHV drivers earn at least double.
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Conman
Elite |
09-Jul-2023 00:41
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Assuming that technically it is possible, the key is cost vs profits as compared to the current model of renting out taxis to earn mainly from the drivers. The two models will have to compete with one another because there are 4 PHV and 6 taxi companies in Singapore, most will remain in the old rental model.
We have already witnessed the failure of employment vs rental model some years back causing a taxi company to close shop, and I am predicting the same outcome for the driverless model if it is ever adopted.
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investshare
Supreme |
08-Jul-2023 18:16
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My view is CDG biggest problem is NOT in supply or demand but in IT. Serious investors should raise this to ceo in AGM. Why did the company tolerate so many IT missteps?
1. Before Grab came, CDG cto boasted they spent $m to develop that lousy booking system that was beaten downright by Grab. Mind you GPS and location tracking apps already common then. 2. Then 2 years back, cog boasted again they wanted to develop a SuperApp, which now they just quietly stop talking about it. 3. Look at cdg app now, even with Grab in front of them to copy, cdg still could not produce an equivalent user friendly one. The core of the issue here is not taxi vs phv because customer does not care, and company also does not care. As long as you have a good app, demand will come. When you have demand, no one care you use taxi or phv. |
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rayleigh
Member |
08-Jul-2023 14:14
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Of course it can be driverless. The question is when will it be available. There have been so many talks and initiatives on driverless taxi, so far only one section of a city has implemented and it comes with infrastructure limitation. Optimistically, it needs another 10 years. It is more realistically to achieve mass adoption of EVs than to achieve driverless at the 10 years mark. ST Eng has pulled out of autonomous bus recently after 6 years of pursuing it.
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investshare
Supreme |
08-Jul-2023 12:06
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Actually my experience is CDG/zig is easier to get compared to Grab. When I could not get from Grab, I go to CDG, normally will get.
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vicloo
Supreme |
08-Jul-2023 12:01
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I think problem is more on not enough taxis now, especially if the location is not busy areas, not easy to get cabs.
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investshare
Supreme |
08-Jul-2023 09:30
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My comment as frequent user?
I do not mind whether it is taxi or phv. But I use Grab as first priority, far more than CDG. Why? Because CDG / zig is not user friendly. And what a lousy name. I do not understand why, with a living example, ie Grab app in front of them, they cannot create something equal or better. Did CDG management really try it out?
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Conman
Elite |
07-Jul-2023 22:02
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Just like yesterday, BBs continued to unload at 1.19 and 1.20 today.. if you have bought from them, good luck to you. | ||||
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Conman
Elite |
07-Jul-2023 21:44
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What made you think that PHVs cannot be driverless? Uber has driverless cars way before China, and Uber holds 27.5% of Grab. The CEO of Uber is a Board Member of Grab. Uber also holds DiDi China shares although I dont know the percentage.
The problem of driverless car is cost. Whether it can make money by using it as taxis nobody knows now. Sont forget, there are another 5 taxi companies in Singapore. If the drivers displaced by driverless cars join these companies, driverless taxis wont have a chance to survive uness they charge fares lower than taxis with drivers which I think is quite unlikely.
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