EuroSports’ Scorpio Electric cuts staff amid e-bike delivery woes
In the Asia-Pacific region, the EV startup has opened pre-orders in Singapore
SCORPIO Electric, a Singapore-based maker of e-motorcycles, recently conducted a round of layoffs, sources told Tech in Asia. The timing and number of affected staff, however, could not be determined.
In an e-mail to Tech in Asia, the electric vehicle (EV) startup confirmed the retrenchment, stating that it is “right-sizing to streamline operations” and focusing on the “start of production” to deliver its first e-bike later this year.
The e-mail also suggested that X1, Scorpio Electric’s first model, will be rebranded.
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself