EuroSports Global's (SGX:5G1) subsidiary, Scorpio Electric, secured a conditional vehicle type approval from Singapore's Land Transport Authority (LTA) for Lambda Scorpii, its flagship smart electric motorcycle.
The move clears a regulatory hurdle ahead of the product's commercial launch, according to a Thursday bourse filing.
Based on the approval, the company will now focus on mass production and commercial deployment of the motorcycle after finalizing delivery timelines and test-ride bookings.
The company is also working with the Singapore Civil Defence Force on emergency response protocols for high-performance EVs. Additionally, it is working on the 2027 anti-lock braking system regulations, the filing said.