S’pore Bike-Sharing Firm Moov Applies For Full License To Expand 1,000-Strong Fleet

The most recent entrant to bike-sharing in Singapore, local company Moov soft launched in late June.

They bought over 1,000 ofo bicycles, refurbished them with new branding and deployed them under their Land Transport Authority (LTA) sandbox license.

The sandbox license, which Moov obtained in April, would allow them to operate with a fleet of 1,000 for 12 months.

But they may soon be graduating to a full license and rolling out a larger fleet.

Moov has applied to the LTA to switch up to a full license in the latest application exercise that closed on 8 August.

Straits Times reported that Moov was the only applicant in this round.

Currently, their bikes can be found in the west region of Singapore where the firm first chose to test the grounds.

They have yet to reveal how much they’re hoping to expand their fleet, however, LTA said it’s reviewing Moov’s application and will announce the outcome “by the end of next month”.

Featured Image Credit: Eco Velo

Also Read: SG Bike Plans To Acquire Mobike For US$1.85M – To Become S’pore’s Largest Bike-Sharing Firm

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