ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for PHV fleet
The investment marks the platform’s broader shift towards a hybrid taxi and private-hire model
[SINGAPORE] ComfortDelGro will invest more than S$10 million to boost its private-hire vehicle (PHV) fleet with BYD’s hybrid and electric vehicles (EVs), it said on Thursday (Aug 20).
The vehicles will be supplied by Vantage Automotive, the authorised distributor of the Chinese EV giant in Singapore.
Michael Huang, ComfortDelGro’s head of Singapore point-to-point mobility, said: “We have seen strong demand from our hirers for PHVs, and this investment reflects our commitment to meeting those needs.
“Investing in our PHV fleet gives hirers more options, and strengthens our ability to support mobility demand across Singapore.”
The announcement comes just a week after the company reported a 19.7 per cent fall in first-half net profit, attributed largely to a sharp drop in its taxi and private-hire business.
Operating profit for that segment dropped more than 40 per cent year on year to S$35.5 million.
ComfortDelGro CEO Cheng Siak Kian told The Business Times ahead of the results that the company knew it needed to improve its taxi and private-hire business.
It has been increasing its private car rental fleet in Singapore to account for the slowing demand for taxi rentals, he added.
Zig’s private-hire driver base rose 28 per cent in 2025, and it now has more than 4,000 active private-hire drivers on its platform.
The investment marks Zig’s broader shift towards a hybrid taxi and private-hire model, as it transforms its point-to-point business from a taxi-led operator to a hybrid fleet and platform model, said ComfortDelGro.
With the purchase of the BYD vehicles, Zig will increase its taxi network beyond its current count of about 7,600 vehicles.
It will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i and BYD M6.
Hirers will also have access to preferential charging rates through newly rebranded sister company CDG Energy and maintenance support from ComfortDelGro Engineering’s network of automotive-service workshops, the company said.
The new vehicles will be progressively introduced into Zig’s private-hire fleet and made available to hirers in the coming months, it added.
