spot_img
26.2 C
Philippines
Wednesday, December 25, 2024

ACMobility buys local EV charging network

ACMobility acquired Evro, the Philippines’ first brand-agnostic roaming electric vehicle (EV) charging network, developed by 917Ventures, Globe’s venture builder and tech innovation arm.

“We built Evro with the intention of simplifying Filipino EV owners’ charging journeys,” said Vince Yamat, managing director of 917Ventures.

- Advertisement -

“Since launching earlier this year, we’ve made significant headway in advancing sustainable transport through our tech and partners. Entrusting Evro to ACMobility ensures it will continue to evolve and contribute to the advancement of sustainable transport,” he said.

ACMobility said it is dedicated to advancing the growth of electrified mobility and closing infrastructure gaps that hinder EV adoption.

Its acquisition of Evro further enables the company to address issues faced by EV users, particularly the availability and accessibility of nearby charging stations, which remains a common concern among drivers especially those who take their EVs outside the city.

“We are thrilled to bring Evro into the ACMobility ecosystem,” said Jaime Alfonso Zobel de Ayala, AC Mobility chief executive.

“Evro is changing the game for electric vehicle adoption in the Philippines. Alongside our efforts in ACMobility, it will address range anxiety concerns and empower EV owners to have full control of their charging experience,” he said.

As an e-mobility service provider (eMSP), Evro seeks to consolidate the Philippines’ EV charging network regardless of brand or Charge-Point Operators (CPOs) to make them more accessible and convenient to local EV users.

Evro is the only mobile app recognized by the Department of Energy (DOE).

The app features 33 live charging locations managed and operated by ACMobility, located in prime areas including One Bonifacio High Street; Greenbelt 3; Alabang Town Center; Trinoma; Nuvali Solenad 1; Baguio Ayala Technohub; Ayala Center Cebu; Abreeza Mall Davao; and Anvaya Golf and Sports Club in Morong, Bataan.

Evro is in talks to onboard more CPOs onto the platform, with plans to expand its network further in the coming months.

Electric vehicles, a more sustainable transport alternative, has seen growing adoption in the Philippines, with industry groups expecting a 10-percent year-on-year rise in sales by yearend.

The EV industry targets to sell 2.45 million EVs and operate 65,000 EVE charging stations across the country by 2028.

LATEST NEWS

Popular Articles