For Our Future

Leading Electric Vehicle Battery Producer

Leading Electric Vehicle
Battery Producer |

Quality Products

Battery Production & Reconditioning

Quality Products

Besides producing Hybrid batteries,  we will be venturing into the EV Batteries segment

Dedicated Services

Recycling of car batteries, hard disk and other precious metals

Quality Products

Improved recycling processes with higher output

Delivering Solutions

Contactless Electronic Vehicle Charging Stations

Quality Products

Licensing and Manufacturing Contactless Electronic Vehicle Batteries after R&D, testing and patenting.

What We Do

Key Activities

  • Research & Development, Testing and Patenting of Wireless Charging Stations
  • Licensing and Manufacturing of Products
  • Promotion of Products
  • Product performance monitoring and review
  • Customer Engagement and Product Distribution

Market Analysis

Identifying opportunities by understanding the current lanscape

Battery Production & Reconditioning

Asia-Pacific EV battery market expected to have a CAGR > 16.7%, growing from USD$26.3 billion in 2022 to USD$134 billion by 2027. China accounts for > 75% of global lithium cell manufacturing, including EV batteries. Pandemic lockdown in China has been causing supply chain shortages

Recycling of Waste Batteries & Hard Discs

Ruthenium prices reached its 14-year high of $800 in 2021, which will stimulate an increase in recycling of the element. Global Ruthenium recycling market expected to rise at CAGR of 4% between 2019 and 2039 

Contactless EV Charging Stations

Asia-Pacific EV charging station market expected to have a CAGR of 30.8%, growing to USD$69.57 billion by 2029. Growth of commercial EV charging stations expected to shadow adoption rate of EVs

Industry

Annual Growth Rate
0 %

The global EV market is expected to grow at a compounded annual growth rate of 18.2%, from USD$163.01 billion in 2020 to USD$823.75 billion in 2030.

Billion in 2030
0 USD

Total Global Greenhouse Gas Emissions

Total Transportation Emissions

Target Market

Singapore

  • Vehicular Emissions Scheme, EV Early Adoption Incentive, Tax rebates to encourage switch to cleaner energy vehicles
  • Aims to install at least 3 EV charging points in ALL public housing car parks by 2025

Indonesia

  • EV manufacturing is an emerging key sector
  • Government offers incentives to encourage investment in EV manufacturing & is building more charging stations to encourage locals to buy EVs

Malaysia

  • Malaysian government pledged in the 12th Malaysia Plan for Malaysia to become carbon neutral by 2050

Japan

  • Japanese EV market expected CAGR = 13.7% 
  • Aims to be carbon neutral by 2050 with policy that all new passenger vehicles sold in Japan have to be clean energy vehicles by 2035

Key Partners

Sakae Kogyo Co. Ltd.

A Japanese-based company founded in 1997, Sakae Kogyo Co. Ltd.’s main line of business includes the assembling, breaking up, sorting, and wholesale distribution of scrap and waste materials. 

  • Core Competencies

    Collecting and refining of precious metals into chloride, sulphide, and chemical compounds, before remanufacturing and selling them. Minute cleaning, collecting, and refining of masking parts of spattering machines. Buying and selling of new and used automobile equipment.

  • Current Stage

    Signed Memorandum of Understanding (MoU), Sharing of technical know-how and assets as listed in the MoU. A new Venture Company ("Providence Greentech Pte. Ltd.") which has been set up and determined

  • The Next Step

    Research & Development of EV batteries recycling, contactless EV charging stations.

Contact Us

Get In Touch

We’d love to hear from you! If you have any questions or comments, please do not hesitate to reach out to us. You can contact us by email or by filling out the form here. We will get back to you as soon as we hear from you. We look forward to working together.

+65 8824 8000

7 Kaki Bukit Road 1, #02-08 Eunos Technolink Singapore 415937

© 2023 Providence GreenTech Pte Ltd

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