SINGAPORE (Aug 26): Kelvin Lim, CEO of homegrown advanced battery technology company Durapower Technology Group, remembers the moment it beat some of the world’s largest companies to win a tender to power a fleet of electric buses in the city of Eindhoven in the Netherlands.

Lim recalls standing at the bus station, looking at the city’s first-ever fleet of 43 fully electric buses and knowing that Durapower’s batteries were powering the vehicles that millions relied on every day. With a gleam of pride in his eyes, Lim narrates how the other companies were surprised that a small, “nobody” Singapore company could snatch that deal from under their noses.

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