Electric car-sharing firm BlueSG to wind down current operations on Aug 8

[kobayashiGT]

Source: https://www.straitstimes.com/singapore/electric-car-sharing-firm-bluesg-to-wind-up-operations-on-aug-8

SINGAPORE - BlueSG will wind down its current operations on Aug 8 at 11.59pm, the electric car-sharing firm announced in a statement on Aug 4.

It added that billing, account closures, and subscription adjustments and refunds will be managed until the end of the month.

It said that it is embarking on a major platform upgrade to better serve the evolving needs of shared mobility in Singapore. The upgraded platform will introduce a refreshed fleet, expanded network, and enhanced technology.

The new service is slated for launch in 2026.

CEO of BlueSG Keith Kee said: “As the landscape evolved and we observed the potential scale of car-sharing users, it became clear that the current infrastructure of BlueSG needs to be upgraded fast to meet the demands of tomorrow.

“That’s why we’re taking bold steps now to pause, minimise distractions and focus our resources on delivering a completely new platform.”

More to come.

[kobayashiGT]

Will this cause a COE drop???? 😂

[Beehive3783]

On 8/4/2025 at 11:39 AM, kobayashiGT said:

Will this cause a COE drop???? 😂

Their fleet is considered super small if you compare to those PHV leasing companies combined.

[Lala81]

On 8/4/2025 at 11:39 AM, kobayashiGT said:

Will this cause a COE drop???? 😂

tangugu

[Wildfaye29]

Knn 

Coe up again lor

Knn

 

[Soya]

Good riddance 

 

[Didu]

"It added that billing, account closures, and subscription adjustments and refunds will be managed until the end of the month."

If BlueSG owes you $$, better get it sorted out before deadline. remember oBike?  

[Didu]

"CEO of BlueSG Keith Kee said: “As the landscape evolved and we observed the potential scale of car-sharing users, it became clear that the current infrastructure of BlueSG needs to be upgraded fast to meet the demands of tomorrow."

Another way of saying, "We need to redesign this business model to maximize profit." 

[Gnahp]

On 8/4/2025 at 11:55 AM, Wildfaye29 said:

Knn 

Coe up again lor

Knn

 

yes, Mr Siow says one

Quote

“If we didn’t have private-hire cars today, actually the reverse would be true, that a large number of these people will feel that they need to buy a car, and then... they will bid the price of the COE up,” he argued.

 

[Tohto]

One pest to go.. 😂😂🤗🫢

[RadX]

Too many accidents… they cannot tahan🤣

[Jamesc]

So if you rent one before 11.59 means no need to return?

My used car dealer fren asking.

[Kopites]

On 8/4/2025 at 11:39 AM, kobayashiGT said:

Will this cause a COE drop???? 😂

No. 

It likely to free up more parking lots. 

[Kopites]

On 8/4/2025 at 12:37 PM, RadX said:

Too many accidents… they cannot tahan🤣

I was at one of the mscp. Tho noise from those ride was so annoying. Those hee...hee...sound. so loud!

[Strat]

On 8/4/2025 at 11:39 AM, kobayashiGT said:

 

“That’s why we’re taking bold steps now to pause, minimise distractions and focus our resources on delivering a completely new platform.”

More to come.

Basically change soup but never change the medicine...

[SGMCF328]

BlueSG did not start business on an auspicious date, so now die die must end operation on a huat huat date 8.8.? Hahahaha

Long weekend normally very ho tan one, and BlueSG can always ends after that what. Got money don't want to earn?

[kobayashiGT]

what will happen to the charging station also. . .  hahaha.  all AC charger only. 

[kobayashiGT]

On 8/4/2025 at 1:50 PM, SGMCF328 said:

BlueSG did not start business on an auspicious date, so now die die must end operation on a huat huat date 8.8.? Hahahaha

Long weekend normally very ho tan one, and BlueSG can always ends after that what. Got money don't want to earn?

wanna siam SG60 promo deal lah. hahaha.