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Competition and Consumer Commission of Singapore
Commitments and Remedies

Proposed Acquisition by SP Mobility Pte. Ltd. of Strides YTL Pte. Ltd.

28 May 2026


Competition Law Case

Proposed Acquisition by SP Mobility Pte Ltd of Strides YTL Pte Ltd

Parties Involved

  • SP Mobility Pte. Ltd.

  • Strides YTL Pte. Ltd.

Focus of Commitments/Remedies

The commitments address potential competition concerns arising from the Proposed Transaction, namely the reduction of competitive pressure between the parties that could lead to higher prices for Electric Vehicle (“EV”) charging services supplied at housing development board carparks in the East region of Singapore. 

The commitments ensure that EV charging prices at these carparks would not exceed pre-Proposed Transaction levels, except in certain limited circumstances, and that EV drivers would not be discriminated against in the application of discounts or rebate schemes solely because they charge their EVs in the East region of Singapore. 

*Please submit any complaint in relation to non-compliance of the commitments to CCS via the online complaint form.

Start date of Commitments/Remedies

28 May 2026

End date of Commitments/Remedies

27 May 2029

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