ROOTCLOUD COLLABORATES WITH 3 ORGANIZATION TO EXPLORE THE BUSINESS MODEL OF COMMERCIAL ELECTRIC VEHICLES SWAPPING STATIONS IN THE CONTEXT OF A ZERO-CARBON ECONOMY

ROOTCLOUD (Singapore) has recently signed a memorandum of understanding (MoU) with Global Power Synergy Public Company Limited (GPSC), LEADWAY Heavy Machinery Company Limited (LEADWAY), SANY Heavy Industry Thailand (SANY). The objective of this MoU is to explore the feasibility of one-stop service mode for electric commercial vehicles swapping station.

Mr. Ho Howe Tian, Managing Director of ROOTCLOUD said “We are fully committed to supporting GPSC’s goal on its net zero transition by combining cutting-edge IoT and Big-data technologies to provide valuable insights to real-time manage the battery swapping stations and services. This will accelerate the development and implementation of the technologies we need to address climate change.”

The project will first set up swapping stations on highway routes connecting the heavily trafficked logistic areas, the result of this study will provide pragmatic inputs to future mass implementation of such projects.

Combination of IoT technology, swaping station and electric commercial vehicles can greatly promote the development of the green transportation industry chain, and achieve sustainable development, Carbon Neutrality in 2050, and Net Zero Emissions by 2060. As domestic leaders of heavy machineries in Thailand, Leadway and Sany will be able to successfully realise the dynamics of technology implementation locally.

Established in June 2016, ROOTCLOUD TECHNOLOGY CO., LTD is an Industrial IoT unicorn since 2020. It’s trademark Rootcloud 4.0 Digital Platform has been recognized by Gartner Magic Quadrant for past 3 consecutive years, connecting to 1,000,000 assets in more than 110 countries worldwide. ROOTCLOUD’s mission is to enable the acceleration of global industrial digital transformation and net zero carbon.