SINGAPORE – Media OutReach – 17 October 2022 –Scooterson, the developer of the world’s first semi-autonomous e-scooter, has found a new home in Singapore. After securing US$74M contract to build their electric scooters in the country, the company has decided to join JTC Launchpad One-North, a community of tech innovators and enablers.
Great Company, Great Community
When co-founder Deepansh Jain was asked why they decided to relocate to Launchpad One-North, he only had one answer: “Building a great company requires a good environment.” His co-founder, Mihnea “de Vries” Chis expounded: “With more than 700 startups concentrated within LaunchPad, it is very easy to bounce ideas off and get help from other founders, this is why being here is essential for a startup.”
JTC Launchpad is a one-stop strategic destination for companies who wants to rapidly test innovative concepts and acquire the seed funding they need for commercial success. The Launchpad community boasts a flourishing network that has produced some of the region’s best trailblazers in fintech, mobility, biomedical sciences, eCommerce, hospitality, engineering, and many other industries.
For the micro-mobility tech company, it was a chance to be close to a startup ecosystem that shares the same ideals as their rapidly growing business. In addition, the complex afforded them the privacy to test their vehicles and further hone the capabilities of Rolley, their semi-autonomous e-scooter.
As the home of exciting ventures, Launchpad also attracts top-level talents. When Scooterson ran a hiring test, they discovered they received more highly qualified applicants when their location was registered as the Launchpad complex. By relocating their factory within the JTC compound, Scooterson looks forward to working with the best minds in tech and manufacturing who can bring their product to new heights.
Growing Beyond the Workplace
The Launchpad One-North community is strengthened by their shared passion for emerging tech and the social connections forged in strategic locations around the compound. The area is thoughtfully designed with intersecting paths meant to foster collaboration and create a deep sense of community.
Highly-engaged employees are crucial in keeping a company running. The compound has areas like Timbre+, where employees can enjoy a wide range of delectable dishes while watching live performances. The casual atmosphere also encourages startup founders to have meaningful conversations with seasoned investors–resulting in renewed passion and strengthened enthusiasm.
With this fantastic community, Scooterson is optimistic that they can take the next version of Rolley to unprecedented heights.
Becoming the First of Its Kind
Traditionally, Singapore is known for a vibrant startup community in industries like biomedical sciences, urban solutions, engineering, and infocomm. Scooterson aims to be the first of its kind to manufacture a globally distributed electric two-wheeler from the country. As an emerging player in the micro-mobility industry, Scooterson has achieved unparalleled success through its Elf and Rolley e-scooters, with the latter receiving the prestigious 2018 Red Dot Design Award.
This success was further validated by the awarding of US$74M million in contract necessary for further development and manufacture of Rolley e-scooters. Scooterson aims to start selling Rolley e-scooters to global markets, starting with Los Angeles, USA.
Meeting a Growing Demand
Light electric vehicles that rely on AI technology are increasingly gaining relevance in today’s postpandemic world, where deliveries and efficient travels are in demand. With the help of AI, micromobility vehicles can learn the riders riding styles and adjust movements as needed helping them ride safely even if they have trouble balancing. For businesses, smart scooters help lower operational costs by reducing the need to rebalance fleets or deal with urban clutter and obstructions. These are exciting opportunities in the scooter micro-mobility sector with the potential for rapid growth.
The move to One-North provides Scooterson total of 14,000 square feet of factory and R&D space – more than enough room to manufacture their award-winning AI-powered e-scooters.
In Pursuit of Vertical Integration
As Scooterson joins the Launchpad Community, they expect to forge strategic partnerships that yield vertical integration opportunities. They plan to expand around the area by growing their manufacturing plant and vertically integrating components like battery manufacturing into their existing operations. The aim is to reduce COGS and adapt Manufacturing 4.0 practices to create better products that constantly delight customers.
With the vibrant Launchpad community, finding strategic partners and achieving vertical integration is in the foreseeable future. Many successful startups in the community have discovered fruitful integrations with other founders who share the same vision of using emerging tech to create meaningful impact.
Scooterson also aims to set an example of Singapore’s superior location for hardware tech R&D and manufacturing – eventually attracting other global mobility and deep tech startups with the same mission of changing the world through intelligent mobility solutions. This will contribute in presenting Singapore as a premier destination for tech startups needing manufacturing capabilities.
Moving to Launchpad One-North creates synergistic opportunities for Scooterson and its fellow tech startup founders.
Hashtag: #Scooterson
About Scooterson
Scooterson is on a mission to redefine the future of global mobility. By integrating AI into their micromobility vehicles, founders Mihnea “de Vries” Chis and Deepansh Jain aim to give riders an easy and intelligent solution with the ability to adjust to their riding styles. The Rolley e-scooter is their latest product and is the first semi-autonomous e-scooter that’s easy to learn, even for customers without biking experience. With the help of AI, Rolley automatically adjusts torque settings to match battery levels and to adapt to the rider’s riding patterns and surroundings. It boasts an innovative design made from aerospace-grade aluminium and magnesium alloy and reinforced with Carbon/Kevlar. The clean-looking e-scooter is also three times lighter than conventional e-scooters and comes with smart BMS and anti-shenanigans tech.
At the moment, interested buyers can reserve their units and be informed when the new batch is released.
Scooterson also offers business solutions and a sharing platform. Businesses can enjoy a complete solution for personal mobility needs, while neighborhoods can take advantage of rental scooters provided through a ride-sharing platform.
To learn more about Scooterson and its innovative products and services, visit its website.
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
In this episode of 'A Working Lunch with Nordin', MGBF's Nordin Abdullah and regional commentator Eddin Khoo will discuss the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
This MGBF Roundtable will feature thought leaders form Japan, Australia, Singapore and Malaysia dealing with the critical issues of manipulation of public listed companies and government and their financial impacts.
A series of networking sessions with various business associations and trade organisations exploring high-value opportunities for business leaders and entrepreneurs looking to build the relationships that matter.
This integrated event will include a forum, dedicated business matching, site visits, a gala dinner and a round of golf. Aptly themed, the focus will be on regional food security issues and trends in the context of the supply chain, agriculture technology and trade regulations and policies.
Planet QEOS and China Machinery Engineering Corporation (CMEC) are interested in investing RM10 billion to co-develop advanced Megawatt peak (MWp) agrovoltaic in Baram, to further boost Sarawak’s green energy initiative and food security. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg was briefed on Friday by both the […]
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]