Singapore, Middle East companies invest in 2Getthere

Singapore-based SMRT International is to acquire a 20 per cent state worth US$4.4 million (€4 million) in Dutch automated vehicle (AV) manufacturer 2Getthere Holding (2Getthere). Abu Dhabi technology company United Technical Services (UTS) is increasing its holding in 2getthere to 11 per cent. The companies say these investments are a strategic step that aims to increase 2getthere’s technological capabilities as a provider of AV systems. It will also enhance the delivery of current and new projects in th
July 1, 2016 Read time: 2 mins
Singapore-based SMRT International is to acquire a 20 per cent state worth US$4.4 million (€4 million) in Dutch automated vehicle (AV) manufacturer 8172 2Getthere Holding (2Getthere). Abu Dhabi technology company United Technical Services (UTS) is increasing its holding in 2getthere to 11 per cent.

The companies say these investments are a strategic step that aims to increase 2getthere’s technological capabilities as a provider of AV systems. It will also enhance the delivery of current and new projects in the Middle East and Asia Pacific.

Carel van Helsdingen, CEO of 2getthere, said the investment and involvement of SMRT and UTS in 2getthere strengthens its ability to deliver complete and completely automated, systems.

SMRT International, which has been working with 2Getthere since 2010, sees a growing demand for AVs in Asia and looks to further expand operations into international markets through the provision of consultancy services and operational expertise with transportation networks. 2getthere Middle East and UTS believe 2getthere’s solution is aligned with the push for greater autonomous transport within the Middle East in general, and specifically in the United Arab Emirates.
Location Based Systems

For more information on companies in this article

Related Content

  • European ITS Directive: From Minority Report to majority rapport
    December 1, 2023
    A 21-year old movie by Steven Spielberg appears to predict a C-ITS Day 3 use case. Richard Lax of Kapsch TrafficCom looks at the new European ITS Directive and idly wonders whether the great Hollywood movie director was once a European Commission intern in DG Move…
    Read More
  • Idaho adds human dimension to winter savings
    September 23, 2014
    Idaho leverages the increased capability and reliability of its road weather sensor network to reduce costs and prevent accidents. Weather-related accidents can form a significant chunk of an authorities’ annual road casualty statistics. While authorities cannot control the weather, the technology exists to monitor the road conditions and react with warnings to motorists and the treatment of icy or snow-covered roads. However, with all capital expenditure now placed under the microscope of public scrutiny,
    Read More
  • Peer-to-Peer carsharing in Europe projected to grow significantly
    August 24, 2012
    According to Frost & Sullivan, by 2020 more than 200 traditional carsharing organisations (CSOs) and another 24 Peer-to-Peer (P2P) CSOs are expected to take the European market for carsharing to new heights. More than 14 million new members are expected to use carsharing services in Europe by the same year, while three new sub-segments will emerge in the market: electric vehicle carsharing, corporate carsharing and one-way carsharing. While the new segments arise in particular due to continued urbanisation
    Read More
  • White Paper focuses on British Columbia infrastructure needs
    November 7, 2014
    With the economic prosperity of British Columbia and Western Canada relying increasingly on global trade and our ability to deliver goods to foreign markets, the Business Council of British Columbia (BCBC) has released Building BC for the 21st Century: A White Paper on Infrastructure Policy and Financing in advance of its second annual BC Business Summit today. The paper examines the existing infrastructure networks – including transport, utilities, telecommunications, hospitals and schools – and their
    Read More

Highlighted Content