ACMobility-Evro, the market leader in sustainable transport solutions, boldly acquires Evro, an advanced electric vehicle charging startup developed by 917Ventures, the corporate venture builder of Globe Telecom. The acquisition is strategic to increasing accessibility and efficiency in the provision of EV charging infrastructure and is critical to fill a gap in the country as it moves to speed up the transition to electric mobility.
ACMobility CEO Jaime Alfonso Zobel de Ayala: “One of the primary barriers to EV adoption is range anxiety, which Evro tackles. In addition to expanding our vision for electric transportation, this purchase gives EV users more control over their charging experience.”
Addressing the Urgent Need for EV Infrastructure
This will come as the world increasingly drifts toward a sustainable transportation system. One significant hurdle that has to be crossed though is the lack of extensive and reliable EV charging station networks. At the moment, the country has merely around 1,200 stations, which is very low in comparison with the predicted scale of adoption for EVs. The Philippines government has set very aggressive targets in terms of selling 2.45 million electric vehicles by 2028 and building 65,000 charging stations. ACMobility buying Evro is to bridge that gap and play a pivotal role in meeting those targets.
ACMobility-Evro: The Backbone of Future EV Charging
Evro is uniquely located to revolutionize the charge experience for electric vehicles in the Philippines. It is hailed as the only Department of Energy-approved app for Electric Vehicle charging in the Philippines. Evro provides a brand-neutral experience that simplifies locating and using chargers. Its features include:
- Locator: Real-time station locator enables users to find nearby charge stations, including availability and charger type.
- Cashless Transactions: seamless integration with popular payment platforms like GCash and Credit Cards.
- Battery Monitoring: Real-time updates on charging progress to help reduce range anxiety.
“Evro was established to facilitate charging for EV owners in the Philippines. Under the direction of ACMobility, Evro will serve as the innovation engine for the expansion of sustainable transportation in the nation,” said Vince Yamat, Managing Director of 917Ventures.
Expansion of ACMobility-Evro
The future of Evro under ACMobility seems to be promising, as it will soon get expansion plans, which are listed below:
- Expansion of Network: Connecting new charge-point operators for wider coverage of the network.
- Enhanced Services: Advanced features in catering to diverse EV models and user preferences.
- Awareness Campaigns: Invest in education initiatives to promote the benefits of electric vehicles and break myths around owning an electric vehicle.
ELCTRIK Speaks
The acquisition of Evro by ACMobility is more than a business milestone; it’s a commitment to a greener, more sustainable future for the Philippines. It’s supported by government but is gathering increasing momentum amongst the general public and promises a whole lot of change. Here, with respect to transportations, such partnership will have critical influences when innovative solutions and smart investment play pivotal roles for setting up a sustainable mode of transportation capable of today and tomorrow.
