Joint Venture

 

CAPE and Vectrix Joint Venture:
Pioneering Innovation, Shaping the Future

Vectrix Logo
 
Vectrix Mobility Pte Ltd based in Singapore, is a joint venture company by Cape EMS Berhad (60%) and Vectrix Advance Technology Pte Ltd (40%). This is spearheaded by two visionary female entrepreneurs, top of their field, with similar strategic masterminds with an eye for market trends, come together to launch this business.

Cape EMS under the leadership of Ms Christina Tee, who has over 30 years of experience in manufacturing, and Ms Rinda Komasato, a veteran in the motorcycle industry for over 40 years, join forces to share insights and tap on each other expertise to form a strong collaboration to penetrate the market of Electric Vehicle Motorcycle which is predominantly male players throughout many years.

VECTRIX aims to lead the electric revolution by providing clean, efficient, and reliable urban transportation and achieving carbon neutrality in each local community. Vectrix is renowned for its relentless pursuit of technological advancement and excellence. Vectrix has several Intellectual Properties under its belt which include a regenerative braking system for EV, vehicle with Lockable Tilt System application to name a few.

Vectrix combines groundbreaking research with practical application to deliver solutions that push boundaries and enhance lives. In 2023, Vectrix introduced a never-before-seen player to the game: The ultra-compact commercial EV - saviour of the last mile --- iCargo.

iCargo has successfully launched in Japan in October 2023. Vectrix Mobility's Japan Distributor, VECTRIX JAPAN signs a collaboration agreement with Tokio Marine & Nichido. Started consideration of building a user support system for four-wheel standards and strategic collaboration for long-term coexistence in development, production, and sales. Besides Japan, Vectrix Mobility too, has successfully sign distributor agreement with Singapore and Malaysia. Currently, Vectrix Mobility is in the midst of discussion for distributorship for Italy, Thailand, Korea, and Qatar. Vectrix Mobility will be the trading entity to explore and engage with distributorship globally.