The electric motorcycle and battery swapping outfit, RydeEV is no longer under Yinson GreenTech (YGT). This was revealed through RydeEV’s social media channels including Facebook, as well as YGT’s official LinkedIn page.
From what we have learned so far, the separation not only happened at the branding but also at the actual corporate level. In other words, RydeEV is now an independent entity with no ties to YGT.
However, YGT’s LinkedIn post pointed out that both companies will continue to maintain their relationship even though RydeEV no longer part of the company. The same post also noted that RydeEV will continue to be led by its current Managing Director, Syed Ahmad Faiz Syed Yusoff Fadzil.
