Not likely to be enough e-bikes for e-scooter trade-in scheme; retailers ask for time to get more stocks

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Retailers said that enough stocks of e-bikes might feasibly come in only from next January at the earliest. . Read more at straitstimes.com.

SINGAPORE - There are probably insufficient stocks of electric bicycles in Singapore to meet the demand raised by the scheme to let food delivery riders trade in their e-scooters for up to $1,000 to buy e-bikes.

Because more units are likely to come in only after December, retailers said they are hoping the authorities will extend the timeline for the scheme.Enjoy unlimited access to ST's best work Subscribe Now

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines