July 18, 2018, 12:45 pm
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1 Philippine Peso = 0.06864 UAE Dirham
1 Philippine Peso = 2.00897 Albanian Lek
1 Philippine Peso = 0.03439 Neth Antilles Guilder
1 Philippine Peso = 0.50824 Argentine Peso
1 Philippine Peso = 0.02516 Australian Dollar
1 Philippine Peso = 0.03326 Aruba Florin
1 Philippine Peso = 0.03738 Barbados Dollar
1 Philippine Peso = 1.56345 Bangladesh Taka
1 Philippine Peso = 0.03139 Bulgarian Lev
1 Philippine Peso = 0.00707 Bahraini Dinar
1 Philippine Peso = 32.72248 Burundi Franc
1 Philippine Peso = 0.01869 Bermuda Dollar
1 Philippine Peso = 0.02526 Brunei Dollar
1 Philippine Peso = 0.1282 Bolivian Boliviano
1 Philippine Peso = 0.07195 Brazilian Real
1 Philippine Peso = 0.01869 Bahamian Dollar
1 Philippine Peso = 1.282 Bhutan Ngultrum
1 Philippine Peso = 0.19138 Botswana Pula
1 Philippine Peso = 374.13568 Belarus Ruble
1 Philippine Peso = 0.03734 Belize Dollar
1 Philippine Peso = 0.02459 Canadian Dollar
1 Philippine Peso = 0.01871 Swiss Franc
1 Philippine Peso = 12.14969 Chilean Peso
1 Philippine Peso = 0.12502 Chinese Yuan
1 Philippine Peso = 53.37133 Colombian Peso
1 Philippine Peso = 10.54401 Costa Rica Colon
1 Philippine Peso = 0.01869 Cuban Peso
1 Philippine Peso = 1.76603 Cape Verde Escudo
1 Philippine Peso = 0.4139 Czech Koruna
1 Philippine Peso = 3.31714 Djibouti Franc
1 Philippine Peso = 0.11919 Danish Krone
1 Philippine Peso = 0.92375 Dominican Peso
1 Philippine Peso = 2.19884 Algerian Dinar
1 Philippine Peso = 0.25015 Estonian Kroon
1 Philippine Peso = 0.3334 Egyptian Pound
1 Philippine Peso = 0.51037 Ethiopian Birr
1 Philippine Peso = 0.01599 Euro
1 Philippine Peso = 0.03902 Fiji Dollar
1 Philippine Peso = 0.01411 Falkland Islands Pound
1 Philippine Peso = 0.01412 British Pound
1 Philippine Peso = 0.08949 Ghanaian Cedi
1 Philippine Peso = 0.88526 Gambian Dalasi
1 Philippine Peso = 168.36105 Guinea Franc
1 Philippine Peso = 0.13998 Guatemala Quetzal
1 Philippine Peso = 3.87012 Guyana Dollar
1 Philippine Peso = 0.14665 Hong Kong Dollar
1 Philippine Peso = 0.44715 Honduras Lempira
1 Philippine Peso = 0.11858 Croatian Kuna
1 Philippine Peso = 1.25939 Haiti Gourde
1 Philippine Peso = 5.1596 Hungarian Forint
1 Philippine Peso = 268.604 Indonesian Rupiah
1 Philippine Peso = 0.06791 Israeli Shekel
1 Philippine Peso = 1.27993 Indian Rupee
1 Philippine Peso = 22.12671 Iraqi Dinar
1 Philippine Peso = 807.13885 Iran Rial
1 Philippine Peso = 2.0015 Iceland Krona
1 Philippine Peso = 2.42478 Jamaican Dollar
1 Philippine Peso = 0.01324 Jordanian Dinar
1 Philippine Peso = 2.09923 Japanese Yen
1 Philippine Peso = 1.87722 Kenyan Shilling
1 Philippine Peso = 1.27646 Kyrgyzstan Som
1 Philippine Peso = 75.63072 Cambodia Riel
1 Philippine Peso = 7.88806 Comoros Franc
1 Philippine Peso = 16.81929 North Korean Won
1 Philippine Peso = 21.08952 Korean Won
1 Philippine Peso = 0.00566 Kuwaiti Dinar
1 Philippine Peso = 0.01532 Cayman Islands Dollar
1 Philippine Peso = 6.39993 Kazakhstan Tenge
1 Philippine Peso = 157.01738 Lao Kip
1 Philippine Peso = 28.13493 Lebanese Pound
1 Philippine Peso = 2.97982 Sri Lanka Rupee
1 Philippine Peso = 2.97197 Liberian Dollar
1 Philippine Peso = 0.24762 Lesotho Loti
1 Philippine Peso = 0.05697 Lithuanian Lita
1 Philippine Peso = 0.0116 Latvian Lat
1 Philippine Peso = 0.02562 Libyan Dinar
1 Philippine Peso = 0.17688 Moroccan Dirham
1 Philippine Peso = 0.31088 Moldovan Leu
1 Philippine Peso = 0.98075 Macedonian Denar
1 Philippine Peso = 26.55578 Myanmar Kyat
1 Philippine Peso = 45.74846 Mongolian Tugrik
1 Philippine Peso = 0.15104 Macau Pataca
1 Philippine Peso = 6.63427 Mauritania Ougulya
1 Philippine Peso = 0.6382 Mauritius Rupee
1 Philippine Peso = 0.29097 Maldives Rufiyaa
1 Philippine Peso = 13.33283 Malawi Kwacha
1 Philippine Peso = 0.35287 Mexican Peso
1 Philippine Peso = 0.07569 Malaysian Ringgit
1 Philippine Peso = 0.24767 Namibian Dollar
1 Philippine Peso = 6.69034 Nigerian Naira
1 Philippine Peso = 0.58456 Nicaragua Cordoba
1 Philippine Peso = 0.15155 Norwegian Krone
1 Philippine Peso = 2.04691 Nepalese Rupee
1 Philippine Peso = 0.02764 New Zealand Dollar
1 Philippine Peso = 0.00719 Omani Rial
1 Philippine Peso = 0.01869 Panama Balboa
1 Philippine Peso = 0.06103 Peruvian Nuevo Sol
1 Philippine Peso = 0.06077 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.27135 Pakistani Rupee
1 Philippine Peso = 0.06898 Polish Zloty
1 Philippine Peso = 106.5969 Paraguayan Guarani
1 Philippine Peso = 0.06802 Qatar Rial
1 Philippine Peso = 0.07424 Romanian New Leu
1 Philippine Peso = 1.1686 Russian Rouble
1 Philippine Peso = 15.92992 Rwanda Franc
1 Philippine Peso = 0.07008 Saudi Arabian Riyal
1 Philippine Peso = 0.14699 Solomon Islands Dollar
1 Philippine Peso = 0.25089 Seychelles Rupee
1 Philippine Peso = 0.33555 Sudanese Pound
1 Philippine Peso = 0.16567 Swedish Krona
1 Philippine Peso = 0.02551 Singapore Dollar
1 Philippine Peso = 0.01412 St Helena Pound
1 Philippine Peso = 0.41499 Slovak Koruna
1 Philippine Peso = 153.24238 Sierra Leone Leone
1 Philippine Peso = 10.65221 Somali Shilling
1 Philippine Peso = 391.8333 Sao Tome Dobra
1 Philippine Peso = 0.16352 El Salvador Colon
1 Philippine Peso = 9.624 Syrian Pound
1 Philippine Peso = 0.24803 Swaziland Lilageni
1 Philippine Peso = 0.62213 Thai Baht
1 Philippine Peso = 0.04953 Tunisian Dinar
1 Philippine Peso = 0.04334 Tongan paʻanga
1 Philippine Peso = 0.09042 Turkish Lira
1 Philippine Peso = 0.12621 Trinidad Tobago Dollar
1 Philippine Peso = 0.57118 Taiwan Dollar
1 Philippine Peso = 42.3846 Tanzanian Shilling
1 Philippine Peso = 0.48981 Ukraine Hryvnia
1 Philippine Peso = 69.93085 Ugandan Shilling
1 Philippine Peso = 0.01869 United States Dollar
1 Philippine Peso = 0.58568 Uruguayan New Peso
1 Philippine Peso = 145.44945 Uzbekistan Sum
1 Philippine Peso = 2236.96505 Venezuelan Bolivar
1 Philippine Peso = 430.74192 Vietnam Dong
1 Philippine Peso = 2.06036 Vanuatu Vatu
1 Philippine Peso = 0.04858 Samoa Tala
1 Philippine Peso = 10.48103 CFA Franc (BEAC)
1 Philippine Peso = 0.05046 East Caribbean Dollar
1 Philippine Peso = 10.48103 CFA Franc (BCEAO)
1 Philippine Peso = 1.90563 Pacific Franc
1 Philippine Peso = 4.66922 Yemen Riyal
1 Philippine Peso = 0.24782 South African Rand
1 Philippine Peso = 96.98187 Zambian Kwacha
1 Philippine Peso = 6.76322 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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Column of the Day

Tearing down the house (Second of a series)

Jego Ragragio's picture
By Jego Ragragio | July 18,2018
‘The draft Federal Constitution is a clear example of tearing a house down in order to install a new door—where the new door goes into an existing door jamb. There’s barely anything new here, and the few things that are new, don’t actually need a constitutional amendment.’

Opinion of the Day

Heed this constitutional expert’s warning

Ellen Tordesillas's picture
By ELLEN TORDESILLAS | July 18, 2018
‘The critique of Gene Lacza Pilapil, assistant professor of Political Science at the University of the Philippines-Diliman, one of the resource persons, should warn us about the draft Federal Constitution produced by the Duterte-created Consultative Committee.’