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HDT scraps electric-taxi business in Singapore on 'debilitating' Covid-19 hit

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HDT Singapore Holding, whose electric taxis had plied the city-state's roads for about two years, is powering down the business for good and instead focusing on other green transportation solutions. Read more at The Business Times.

The layoffs were conducted after consultations with Singapore's National Taxi Association and in compliance with the Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment.

There will also be a one-off retrenchment benefit given to both employed and trial cabbies,"as a gesture of gratitude from HDT", the company said, without disclosing this sum.The company said it has worked with NTA to ensure fair compensation to the affected employees. NTUC director Yeo Wan Ling also noted that for affected drivers who would like to continue driving, NTA will link them up with other operators.

"It is with a heavy heart that we have to shed the taxi business and let some of our dedicated employees go," he said.

 

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