Daily Markup #1128: Zachary Wang named EY’s Entrepreneur of the Year 2024 Singapore for pioneering mobility tech

Photo credit: EY

Riding to the top

  • “I don’t know everything.” — this is the mindset that Zachary Wang, Co-founder & CEO of 500-backed Neuron Mobility, believes is the foundation of their success.
  • He was named EY’s 23rd Entrepreneur Of The Year 2024 Singapore, beating 3 other contenders shortlisted from a pool of more than 80 nominations. He will go on to compete with winners from other countries at the EY World Entrepreneur Of The Year award in June 2025.
  • Today, the team is a leading e-scooter operator in Australia and New Zealand, and they are also present in Canada and the UK. 
  • Known for their proprietary e-scooters designed for urban environments, they introduced pioneering innovations such as battery swapping, geofencing control, and integrated helmets.
  • Zachary saw that traditional vehicles were poorly suited to short, urban commutes, contributing to pollution and congestion, particularly in densely populated cities.
  • “There was a gap in the intra-urban mobility space because cars were not designed for that use,” he explained. “Cars are great until they’re not. They cause pollution and jams. You would often have to walk a distance from where you have parked to your intended destination.”
  • Going beyond offering an alternative, Neuron also partners with local authorities to integrate their micromobility services into public transport networks, enhancing urban mobility.
  • Zachary revealed that the team will continue expanding within their existing markets and explore further opportunities in European and North American cities.
  • He also added that product expansion is underway, with the team planning to roll out newer generations of scooters and introduce e-bikes to their fleet.
  • Read the full story on The Edge.
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