Yinson GreenTech exits electric motorcycle business - SoyaCincau

rydeEV And Yinson GreenTech Divorce From Their EV Business

Not unexpected when you see the rydeEV swapping stations and bikes don’t match This is another electric vehicle related business that has been retired. Yes, parent Yinson Greentech has moved away from rydeEV with more than 200 electric bikes delivered and some 50 battery swapping stations in operation. So, why was this business NOT successful. This news comes after a social media posting on its own Facebook page. Well, it could start with the pe…

Yinson GreenTech exits electric motorcycle business - SoyaCincau

The electric motorcycle and battery swapping outfit, RydeEV is no longer under Yinson GreenTech (YGT). This was revealed through RydeEV’s social media channels including Facebook, as well as YGT’s official LinkedIn page. From what we have learned so far, the separation not only happened at the branding but also at the actual corporate level. In other words, RydeEV is now an independent entity with no ties to YGT. Syed Ahmad Faiz (R), the MD of R…