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.

“When we won the tender, people started asking, who is Durapower? Where do they come from?” he says, thrilled that the company was able to hold its own against some of the world’s biggest names in ­lithium-ion battery production.

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