February 18, 2018, 7:03 am
Facebook iconTwitter iconYouTube iconGoogle+ icon
1 Philippine Peso = 0.07035 UAE Dirham
1 Philippine Peso = 2.03736 Albanian Lek
1 Philippine Peso = 0.0341 Neth Antilles Guilder
1 Philippine Peso = 0.37852 Argentine Peso
1 Philippine Peso = 0.02417 Australian Dollar
1 Philippine Peso = 0.0341 Aruba Florin
1 Philippine Peso = 0.03831 Barbados Dollar
1 Philippine Peso = 1.58755 Bangladesh Taka
1 Philippine Peso = 0.03006 Bulgarian Lev
1 Philippine Peso = 0.00722 Bahraini Dinar
1 Philippine Peso = 33.54368 Burundi Franc
1 Philippine Peso = 0.01916 Bermuda Dollar
1 Philippine Peso = 0.02532 Brunei Dollar
1 Philippine Peso = 0.13142 Bolivian Boliviano
1 Philippine Peso = 0.06189 Brazilian Real
1 Philippine Peso = 0.01916 Bahamian Dollar
1 Philippine Peso = 1.22893 Bhutan Ngultrum
1 Philippine Peso = 0.18046 Botswana Pula
1 Philippine Peso = 383.5249 Belarus Ruble
1 Philippine Peso = 0.03827 Belize Dollar
1 Philippine Peso = 0.02404 Canadian Dollar
1 Philippine Peso = 0.01774 Swiss Franc
1 Philippine Peso = 11.3659 Chilean Peso
1 Philippine Peso = 0.12153 Chinese Yuan
1 Philippine Peso = 54.27203 Colombian Peso
1 Philippine Peso = 10.83966 Costa Rica Colon
1 Philippine Peso = 0.01916 Cuban Peso
1 Philippine Peso = 1.70268 Cape Verde Escudo
1 Philippine Peso = 0.39128 Czech Koruna
1 Philippine Peso = 3.38755 Djibouti Franc
1 Philippine Peso = 0.115 Danish Krone
1 Philippine Peso = 0.93544 Dominican Peso
1 Philippine Peso = 2.16856 Algerian Dinar
1 Philippine Peso = 0.24138 Estonian Kroon
1 Philippine Peso = 0.33716 Egyptian Pound
1 Philippine Peso = 0.52165 Ethiopian Birr
1 Philippine Peso = 0.01543 Euro
1 Philippine Peso = 0.03813 Fiji Dollar
1 Philippine Peso = 0.01366 Falkland Islands Pound
1 Philippine Peso = 0.01366 British Pound
1 Philippine Peso = 0.08656 Ghanaian Cedi
1 Philippine Peso = 0.89866 Gambian Dalasi
1 Philippine Peso = 172.37548 Guinea Franc
1 Philippine Peso = 0.14054 Guatemala Quetzal
1 Philippine Peso = 3.9364 Guyana Dollar
1 Philippine Peso = 0.14982 Hong Kong Dollar
1 Philippine Peso = 0.45019 Honduras Lempira
1 Philippine Peso = 0.11447 Croatian Kuna
1 Philippine Peso = 1.21437 Haiti Gourde
1 Philippine Peso = 4.80326 Hungarian Forint
1 Philippine Peso = 259.67432 Indonesian Rupiah
1 Philippine Peso = 0.06787 Israeli Shekel
1 Philippine Peso = 1.23063 Indian Rupee
1 Philippine Peso = 22.68199 Iraqi Dinar
1 Philippine Peso = 709.84673 Iran Rial
1 Philippine Peso = 1.91667 Iceland Krona
1 Philippine Peso = 2.39444 Jamaican Dollar
1 Philippine Peso = 0.01355 Jordanian Dinar
1 Philippine Peso = 2.03307 Japanese Yen
1 Philippine Peso = 1.93774 Kenyan Shilling
1 Philippine Peso = 1.30544 Kyrgyzstan Som
1 Philippine Peso = 76.53257 Cambodia Riel
1 Philippine Peso = 7.57567 Comoros Franc
1 Philippine Peso = 17.24138 North Korean Won
1 Philippine Peso = 20.41552 Korean Won
1 Philippine Peso = 0.00573 Kuwaiti Dinar
1 Philippine Peso = 0.01571 Cayman Islands Dollar
1 Philippine Peso = 6.12088 Kazakhstan Tenge
1 Philippine Peso = 158.62069 Lao Kip
1 Philippine Peso = 28.83908 Lebanese Pound
1 Philippine Peso = 2.97165 Sri Lanka Rupee
1 Philippine Peso = 2.44272 Liberian Dollar
1 Philippine Peso = 0.22308 Lesotho Loti
1 Philippine Peso = 0.0584 Lithuanian Lita
1 Philippine Peso = 0.01189 Latvian Lat
1 Philippine Peso = 0.02534 Libyan Dinar
1 Philippine Peso = 0.17539 Moroccan Dirham
1 Philippine Peso = 0.31734 Moldovan Leu
1 Philippine Peso = 0.9454 Macedonian Denar
1 Philippine Peso = 25.42146 Myanmar Kyat
1 Philippine Peso = 45.82375 Mongolian Tugrik
1 Philippine Peso = 0.15425 Macau Pataca
1 Philippine Peso = 6.68582 Mauritania Ougulya
1 Philippine Peso = 0.61303 Mauritius Rupee
1 Philippine Peso = 0.29828 Maldives Rufiyaa
1 Philippine Peso = 13.66743 Malawi Kwacha
1 Philippine Peso = 0.35467 Mexican Peso
1 Philippine Peso = 0.07454 Malaysian Ringgit
1 Philippine Peso = 0.22274 Namibian Dollar
1 Philippine Peso = 6.87739 Nigerian Naira
1 Philippine Peso = 0.59195 Nicaragua Cordoba
1 Philippine Peso = 0.14901 Norwegian Krone
1 Philippine Peso = 1.96697 Nepalese Rupee
1 Philippine Peso = 0.02593 New Zealand Dollar
1 Philippine Peso = 0.00737 Omani Rial
1 Philippine Peso = 0.01916 Panama Balboa
1 Philippine Peso = 0.06225 Peruvian Nuevo Sol
1 Philippine Peso = 0.06025 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.11398 Pakistani Rupee
1 Philippine Peso = 0.0642 Polish Zloty
1 Philippine Peso = 106.68774 Paraguayan Guarani
1 Philippine Peso = 0.06973 Qatar Rial
1 Philippine Peso = 0.07198 Romanian New Leu
1 Philippine Peso = 1.08044 Russian Rouble
1 Philippine Peso = 16.10153 Rwanda Franc
1 Philippine Peso = 0.07184 Saudi Arabian Riyal
1 Philippine Peso = 0.14875 Solomon Islands Dollar
1 Philippine Peso = 0.25546 Seychelles Rupee
1 Philippine Peso = 0.34393 Sudanese Pound
1 Philippine Peso = 0.15255 Swedish Krona
1 Philippine Peso = 0.02511 Singapore Dollar
1 Philippine Peso = 0.01367 St Helena Pound
1 Philippine Peso = 0.4254 Slovak Koruna
1 Philippine Peso = 146.16858 Sierra Leone Leone
1 Philippine Peso = 10.76628 Somali Shilling
1 Philippine Peso = 378.35439 Sao Tome Dobra
1 Philippine Peso = 0.16762 El Salvador Colon
1 Philippine Peso = 9.86552 Syrian Pound
1 Philippine Peso = 0.22276 Swaziland Lilageni
1 Philippine Peso = 0.59923 Thai Baht
1 Philippine Peso = 0.04546 Tunisian Dinar
1 Philippine Peso = 0.04238 Tongan paʻanga
1 Philippine Peso = 0.07167 Turkish Lira
1 Philippine Peso = 0.12904 Trinidad Tobago Dollar
1 Philippine Peso = 0.55669 Taiwan Dollar
1 Philippine Peso = 43.02682 Tanzanian Shilling
1 Philippine Peso = 0.51715 Ukraine Hryvnia
1 Philippine Peso = 69.38697 Ugandan Shilling
1 Philippine Peso = 0.01916 United States Dollar
1 Philippine Peso = 0.54521 Uruguayan New Peso
1 Philippine Peso = 156.47509 Uzbekistan Sum
1 Philippine Peso = 477.73945 Venezuelan Bolivar
1 Philippine Peso = 434.75095 Vietnam Dong
1 Philippine Peso = 2.01916 Vanuatu Vatu
1 Philippine Peso = 0.04802 Samoa Tala
1 Philippine Peso = 10.11303 CFA Franc (BEAC)
1 Philippine Peso = 0.05172 East Caribbean Dollar
1 Philippine Peso = 10.11303 CFA Franc (BCEAO)
1 Philippine Peso = 1.81628 Pacific Franc
1 Philippine Peso = 4.78831 Yemen Riyal
1 Philippine Peso = 0.22279 South African Rand
1 Philippine Peso = 99.41571 Zambian Kwacha
1 Philippine Peso = 6.93295 Zimbabwe dollar

New players, large EV deployments: Electric vehicle summit upshifts alternative fuel transporation

Proclaiming a new future with cleaner vehicles and better transporation systems, the 5th Philippine Electric Vehicle Summit 2016 organized by the Electric Vehicle Association of the Philippines (EVAP) also sounded off new players as well as the biggest deployment of e-trikes.

These activities are part of an intensified campaign to increase electric vehicle awareness and use, eventually encouraging more investments to the sector.  This year’s theme is “Investing in the EV Industry Towards a Sustainable Transport and Closer Regional Economic Integration.” The conference was held last April 14 and 15 at the Meralco Multipurpose Hall in Pasig City.

The two-day conference and exhibition saw some 500 participants from national government agencies, LGUs, academic institutions and non-government organization partners.

CleanAir Transport Solutions Philippines Inc. (C.A.T.S.), a Singapore-based company is one of the major sponsors of the summit. The company utilizes EV technology from the United Kingdom and is a significant player in the alternative fuel and electric vehicle (EV) sector in the region. It joined leading local and international transport industry representatives during the fifth edition of the annual EV Summit.

C.A.T.S. operates an assembly plant and warehouse in General Trias, Cavite. The company is one of the first movers in providing clean-fuel LPG- and electric-operated public utility vehicles (PUV) as alternatives to existing PUVs in the country. Its e-trikes are 100% manufactured in the Philippines, using world leading European components. 

Responding to the country’s urgent need to modernize the current fleet of mostly dilapidated, and antiquated smoke-belching jeepneys, buses and tricycles, the company’s clients are public transport cooperatives, and independent operators with government and LGU licences.

Coinciding with the summit, local electric vehicle industry player EVWealth launched the 100th unit of its electric tricycles in Mandaluyong City.

EVWealth General Manager Abet Avecilla says that it has built its 100th unit to be deployed in Mandaluyong fortifying the city’s position as The Green City.

   “And this is just the beginning. There are more to come. It helps that in our business model, the daily boundary of the driver is actually his daily amortization for the ETrike. Thus, in the end, he ends up owning the ETrike. This is not possible under the current boundary system,” Avecilla pointed out.

Effectively, EVWealth now has deployed the largest single fleet of ETrikes in the country. The company boasts of a complete mass transport solution package that even includes the much-needed financing by Radiowealth Finance Corporation, which is an allied business.

Robin Hughes, C.A.T.S. Chief Executive Officer, in a statement said “global efforts to push for clean fuel LPG and EVs are considered to be the future long-term solution to public transport and environmental problems,” says. His company is one of the newest members of EVAP and will exhibit the latest C.A.T.S. units and technological advances during the summit.

           “Millions of tricycles and jeepneys on the road pollute the air and it is of utmost public interest to involve public transport groups and local government units as stakeholders in the thriving EV industry,” says Hughes, adding that the promotion of EVs and alternative clean fuels significantly contributes to efforts in reducing air pollution and mitigating climate change.

           The company’s portfolio includes 14, 18 and 22-seater electric jeepneys, UV Express vans, taxis, multicabs, and tricycles that are built to international standards.

           Hughes also said that fundamental to the company’s business model is that it will never use local electricity from the grid. This will be achieved by generating clean electricity using solar and LPG power sources. Generators will be installed strategically where demand is needed. This power generation will be independent of the electrical grid, will never cause brownouts, nor be affected by brownouts or power shortages.

           “Our charging stations for batteries of our EVs will run cleaner fuels. C.A.T.S. will never ‘Plug and Play” to charge the EV. C.A.T.S. will never be responsible for a ‘brownout, caused by an excessive demand on the electricity supply from EV’s charging from the grid” Hughes said. Charged batteries will be quickly swapped into working vehicles, resulting in more efficient operations, plus significant savings in both time and money for transport operators.

           The innovative business model of clean battery-charging stations has prompted many transport groups to take an interest in C.A.T.S.’s EV portfolio, notably transport cooperatives and local government units in Mindanao, and a leading university in Negros Oriental for its campus shuttle services.

           “We are pleased to be among those given the opportunity to help make the Philippines the newest EV hub in Asia,” says Hughes. The summit is expected to reinforce the partnership between various transport stakeholders and to help institutionalize best practices in modernizing the country’s transport system.

           As EVWealth deployed its’ 100th unit, EVAP President Rommel Juan said that “EVWealth has an effective transport system which covers supply of the electric vehicles complete with parts and service, operations of the fleet, financing for the units and battery charging and swapping services which takes away the range anxiety among the tricycle drivers.” They also have the full support of the City government of Mandaluyong” adds Juan.


          Currently, there are other ETrike operators mostly in Boracay who have been operating for almost three years already but EVWealth has so far the largest fleet in the country today.

           Avecilla explains that the EVWealth ETrike program in Mandaluyong City will help improve the lives of the regular tricycle drivers because their take-home income will increase. “The regular tricycle can seat only three passengers while an EVWealth ETrike can seat six. Just do the math and you will know that operating an EVWealth ETrike is more profitable”.

           “We are seeing now that commuters prefer to ride in the EVWealth ETrikes because it is new, smoke-free, more spacious and generally a more pleasurable ride. The general health of not only the driver but the passengers as well is improved because our ETrikes do not have polluting fumes. Thus, you breathe fresher air while commuting. Another plus factor is that it is also quiet, so noise pollution is eliminated as well”.

           One major, critical infrastructure that EVWealth has set up is a central swapping station where the drivers go everyday to swap their batteries. Avecilla explains that they usually swap three to four times a day depending on the distance they travel. “To make it more convenient for the drivers, we also have mobile swapping stations on-wheels to make swapping more accessible to the tricycle operators on the other side of the city. In cases of emergency, for a very minimal delivery fee, we have an express delivery system where a fully charged set of battery can be delivered where needed”.

           Avecilla reveals that EVWealth is now ready to scale up. “Other LGUs may now take a look at our EVWealth ETrike program to be implemented in their own communities. This will also be perfect for housing projects where ETrikes could serve as feeder transport. We hope more LGUs and housing projects would emulate Mandaluyong City and help uplift the lives of our humble tricycle drivers.”
Category: 
Rating: 
Average: 5 (1 vote)

Column of the Day

The remunerative rice importation

By DAHLI ASPILLERA | February 16,2018
‘The Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. § 78dd-1, et seq.) is a United States federal law known primarily for its main provision: Against bribery of foreign countries’ food management officials.’

Opinion of the Day

Ombudsman probe on Duterte wealth can be refiled

By ELLEN TORDESILLAS | February 16, 2018
‘A closed and terminated field investigation is without prejudice to the refiling of a complaint with new or additional evidence.’