SMRT to supply automated vehicle systems under new JV
A deal was inked with 2Getthere Holding.
A subsidiary of SMRT has agreed with 2 Getthere Holding B.V. (2GT) on the key principles and terms of a joint venture to market, supply and operate automated vehicle systems in the region.
Under the agreement, a joint venture company has been incorporated in Singapore on April 19. Following the incorporation of 2GT Asia, parties will finalise and execute the definitive joint venture agreement (“JVA”) within the agreed deadline.