April 21, 2018, 6:29 am
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1 Philippine Peso = 0.07053 UAE Dirham
1 Philippine Peso = 1.99923 Albanian Lek
1 Philippine Peso = 0.03418 Neth Antilles Guilder
1 Philippine Peso = 0.38677 Argentine Peso
1 Philippine Peso = 0.02467 Australian Dollar
1 Philippine Peso = 0.03418 Aruba Florin
1 Philippine Peso = 0.03841 Barbados Dollar
1 Philippine Peso = 1.59228 Bangladesh Taka
1 Philippine Peso = 0.03034 Bulgarian Lev
1 Philippine Peso = 0.00724 Bahraini Dinar
1 Philippine Peso = 33.62742 Burundi Franc
1 Philippine Peso = 0.0192 Bermuda Dollar
1 Philippine Peso = 0.02503 Brunei Dollar
1 Philippine Peso = 0.13175 Bolivian Boliviano
1 Philippine Peso = 0.06526 Brazilian Real
1 Philippine Peso = 0.0192 Bahamian Dollar
1 Philippine Peso = 1.26032 Bhutan Ngultrum
1 Philippine Peso = 0.18403 Botswana Pula
1 Philippine Peso = 384.48243 Belarus Ruble
1 Philippine Peso = 0.03837 Belize Dollar
1 Philippine Peso = 0.02421 Canadian Dollar
1 Philippine Peso = 0.01858 Swiss Franc
1 Philippine Peso = 11.41406 Chilean Peso
1 Philippine Peso = 0.12052 Chinese Yuan
1 Philippine Peso = 52.12791 Colombian Peso
1 Philippine Peso = 10.7778 Costa Rica Colon
1 Philippine Peso = 0.0192 Cuban Peso
1 Philippine Peso = 1.71039 Cape Verde Escudo
1 Philippine Peso = 0.39282 Czech Koruna
1 Philippine Peso = 3.39601 Djibouti Franc
1 Philippine Peso = 0.11551 Danish Krone
1 Philippine Peso = 0.94891 Dominican Peso
1 Philippine Peso = 2.1798 Algerian Dinar
1 Philippine Peso = 0.24262 Estonian Kroon
1 Philippine Peso = 0.33916 Egyptian Pound
1 Philippine Peso = 0.52276 Ethiopian Birr
1 Philippine Peso = 0.01551 Euro
1 Philippine Peso = 0.03865 Fiji Dollar
1 Philippine Peso = 0.01348 Falkland Islands Pound
1 Philippine Peso = 0.01349 British Pound
1 Philippine Peso = 0.08525 Ghanaian Cedi
1 Philippine Peso = 0.89975 Gambian Dalasi
1 Philippine Peso = 172.80584 Guinea Franc
1 Philippine Peso = 0.14089 Guatemala Quetzal
1 Philippine Peso = 3.95007 Guyana Dollar
1 Philippine Peso = 0.15072 Hong Kong Dollar
1 Philippine Peso = 0.45249 Honduras Lempira
1 Philippine Peso = 0.11491 Croatian Kuna
1 Philippine Peso = 1.24505 Haiti Gourde
1 Philippine Peso = 4.8093 Hungarian Forint
1 Philippine Peso = 264.60534 Indonesian Rupiah
1 Philippine Peso = 0.06739 Israeli Shekel
1 Philippine Peso = 1.26727 Indian Rupee
1 Philippine Peso = 22.73862 Iraqi Dinar
1 Philippine Peso = 806.60649 Iran Rial
1 Philippine Peso = 1.91031 Iceland Krona
1 Philippine Peso = 2.37565 Jamaican Dollar
1 Philippine Peso = 0.01361 Jordanian Dinar
1 Philippine Peso = 2.06171 Japanese Yen
1 Philippine Peso = 1.92145 Kenyan Shilling
1 Philippine Peso = 1.32194 Kyrgyzstan Som
1 Philippine Peso = 76.97331 Cambodia Riel
1 Philippine Peso = 7.61206 Comoros Franc
1 Philippine Peso = 17.28442 North Korean Won
1 Philippine Peso = 20.40042 Korean Won
1 Philippine Peso = 0.00575 Kuwaiti Dinar
1 Philippine Peso = 0.01575 Cayman Islands Dollar
1 Philippine Peso = 6.25043 Kazakhstan Tenge
1 Philippine Peso = 158.93989 Lao Kip
1 Philippine Peso = 28.9034 Lebanese Pound
1 Philippine Peso = 2.99693 Sri Lanka Rupee
1 Philippine Peso = 2.50451 Liberian Dollar
1 Philippine Peso = 0.22892 Lesotho Loti
1 Philippine Peso = 0.05855 Lithuanian Lita
1 Philippine Peso = 0.01192 Latvian Lat
1 Philippine Peso = 0.02543 Libyan Dinar
1 Philippine Peso = 0.17577 Moroccan Dirham
1 Philippine Peso = 0.31452 Moldovan Leu
1 Philippine Peso = 0.94968 Macedonian Denar
1 Philippine Peso = 25.52333 Myanmar Kyat
1 Philippine Peso = 45.86134 Mongolian Tugrik
1 Philippine Peso = 0.15521 Macau Pataca
1 Philippine Peso = 6.76013 Mauritania Ougulya
1 Philippine Peso = 0.64144 Mauritius Rupee
1 Philippine Peso = 0.29902 Maldives Rufiyaa
1 Philippine Peso = 13.70175 Malawi Kwacha
1 Philippine Peso = 0.35007 Mexican Peso
1 Philippine Peso = 0.07459 Malaysian Ringgit
1 Philippine Peso = 0.22915 Namibian Dollar
1 Philippine Peso = 6.87536 Nigerian Naira
1 Philippine Peso = 0.59554 Nicaragua Cordoba
1 Philippine Peso = 0.14884 Norwegian Krone
1 Philippine Peso = 2.01652 Nepalese Rupee
1 Philippine Peso = 0.02629 New Zealand Dollar
1 Philippine Peso = 0.00739 Omani Rial
1 Philippine Peso = 0.0192 Panama Balboa
1 Philippine Peso = 0.06176 Peruvian Nuevo Sol
1 Philippine Peso = 0.06241 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.21836 Pakistani Rupee
1 Philippine Peso = 0.06459 Polish Zloty
1 Philippine Peso = 106.04187 Paraguayan Guarani
1 Philippine Peso = 0.0699 Qatar Rial
1 Philippine Peso = 0.07223 Romanian New Leu
1 Philippine Peso = 1.16816 Russian Rouble
1 Philippine Peso = 16.22066 Rwanda Franc
1 Philippine Peso = 0.07202 Saudi Arabian Riyal
1 Philippine Peso = 0.14768 Solomon Islands Dollar
1 Philippine Peso = 0.25792 Seychelles Rupee
1 Philippine Peso = 0.34667 Sudanese Pound
1 Philippine Peso = 0.161 Swedish Krona
1 Philippine Peso = 0.02513 Singapore Dollar
1 Philippine Peso = 0.01349 St Helena Pound
1 Philippine Peso = 0.42646 Slovak Koruna
1 Philippine Peso = 146.53351 Sierra Leone Leone
1 Philippine Peso = 10.79316 Somali Shilling
1 Philippine Peso = 380.06338 Sao Tome Dobra
1 Philippine Peso = 0.16804 El Salvador Colon
1 Philippine Peso = 9.89015 Syrian Pound
1 Philippine Peso = 0.22917 Swaziland Lilageni
1 Philippine Peso = 0.599 Thai Baht
1 Philippine Peso = 0.04602 Tunisian Dinar
1 Philippine Peso = 0.04292 Tongan paʻanga
1 Philippine Peso = 0.07736 Turkish Lira
1 Philippine Peso = 0.12961 Trinidad Tobago Dollar
1 Philippine Peso = 0.56365 Taiwan Dollar
1 Philippine Peso = 43.7488 Tanzanian Shilling
1 Philippine Peso = 0.50259 Ukraine Hryvnia
1 Philippine Peso = 70.84694 Ugandan Shilling
1 Philippine Peso = 0.0192 United States Dollar
1 Philippine Peso = 0.54158 Uruguayan New Peso
1 Philippine Peso = 154.65719 Uzbekistan Sum
1 Philippine Peso = 1139.831 Venezuelan Bolivar
1 Philippine Peso = 437.43038 Vietnam Dong
1 Philippine Peso = 2.00538 Vanuatu Vatu
1 Philippine Peso = 0.04922 Samoa Tala
1 Philippine Peso = 10.16881 CFA Franc (BEAC)
1 Philippine Peso = 0.05185 East Caribbean Dollar
1 Philippine Peso = 10.16881 CFA Franc (BCEAO)
1 Philippine Peso = 1.83983 Pacific Franc
1 Philippine Peso = 4.79931 Yemen Riyal
1 Philippine Peso = 0.2292 South African Rand
1 Philippine Peso = 99.66391 Zambian Kwacha
1 Philippine Peso = 6.95026 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.”
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