AboitizPower vehicle fleet goes electric
Aboitiz Power Corporation (AboitizPower) launched today its corporate electric vehicle (EV) fleet transformation program with the presentation of new electric vehicles (EVs) during an event held at the Blue Leaf Cosmopolitan in Quezon City.
The launch of its EV fleet kickstarts its support of Republic Act 11697, more commonly known as the Electric Vehicle Industry Development Act (EVIDA), and contribution towards greener and cleaner mobility in the country.
“As a leader in the energy industry, we want to incorporate innovations that will improve the efficiency and sustainability of our operations. The world is facing developments in climate change, global connectivity, population growth, urbanization, and digitalization, and these changes demand that businesses like ours transform to remain relevant,” said AboitizPower President and CEO Manny Rubio.
The EVIDA Law requires the use of full EVs for at least 5% of an industrial or commercial company’s vehicle fleet. With that, AboitizPower is now making use of EVs manufactured by BYD, one of the largest EV manufacturers in the world. The new fleet of EVs will be deployed to the three key cities of AboitizPower distribution utilities (DUs), specifically, Visayan Electric, Davao Light, and Cotabato Light.
“Bound to be deployed in the franchise areas we serve in Visayas and Mindanao, with land areas more than six times the size of Metro Manila, these vehicles are geared to prove their efficiency and reliability in this new age of electric mobility,” said AboitizPower Distribution Utilities COO Anton Percides. “We aim to achieve 30% electrification for our four-wheeled vehicles and motorbikes by 2030 and finally transform and electrify 100% of the AboitizPower DU fleet by 2040.”
Together with its partners, AboitizPower currently has the largest and most diversified renewable energy platform in the Philippines in terms of installed capacity under its operational control. Currently, close to 1,000 megawatts of renewable energy projects including wind and solar farms and more geothermal capacities are in the pipeline.
The EV fleet transformation program reinforces the demand for cleaner energy sources and aligns with AboitizPower’s growth strategy of adding 3,700 megawatts of renewable energy like solar, wind, and geothermal in its generation portfolio in the next ten years.
