The Singapore government's e-Mobility project, an electric vehicle pilot, was given a thumbs-up in an IDC report.
"Singapore is well placed to test emerging technologies", said Cort Isernhagen, vice president for IDC Industry Insights - International.
The study by IDC's Energy Insights group, titled Best Practices: e-Mobility - Challenges and Opportunities: A Case Study from Singapore, examined the electric vehicle (EV) test bed pilot project in the nation-state.
"Singapore's technology-savvy consumers, forward-looking government, diverse cross section of industries and world-class infrastructure provide an excellent test bed for innovative electric vehicle business scenarios and models at a significantly reduced risk," said Isernhagen.
Although the Singapore e-Mobility project (the EV Test Bed) is not the first in Asia to pilot EV adoption, it is still unique in some aspects where it defines the feasibility of EV adoption in a small country with high population density, as well as pricing and business models for public charging.
The project also outlines the incentive programmes required of EV manufacturers and government to speed up the adoption process and it looks at the benefits and challenges of EV adoption in a population that is very tech-savvy with high Internet usage.
The IDC Energy Insights report found that a number of critical elements are required to create this EV "ecosystem" including a network of supporting businesses, new technologies, and forward-looking government policies.
The pilot programme, managed by the EV Taskforce and led by members from Singapore's Energy Market Authority (EMA) and Land Transport Authority (LTA), is working to create a complete ecosystem of EV stakeholders. Bosch Software Innovations, for example, is the charging service provider of the EV test bed project.
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