The Manila Electric Company (Meralco) has committed to rapidly advance electric vehicle (EV) adoption in the Philippines by developing vital infrastructure using its network and expertise.
As a testament to that, the company will electrify 25% of its own vehicle fleet by 2030. So far, Meralco has converted 156 or 7% of its fleet to EVs and installed 39 EV charging stations to serve the daily operational needs of its sector offices and business centers.
These EVs were showcased during Meralco Power Academy’s 3-day Giga Summit on Sustainable Energy, Energy Efficiency, and Future Grid held in Makati.
According to the Electric Vehicle Industry Development Act (EVIDA), at least 5% of government, public transport operators, and industrial and commercial companies fleets—whether owned or leased—shall be EVs within the timeframe indicated in the Comprehensive Roadmap for the Electric Vehicle Industry.
In addition, buildings constructed from the passage of the law must dedicate 5% of their parking slots to EVs with installed charging stations in parking lots and gasoline stations.
Through its green mobility unit Movem Electric Inc., Meralco already deployed 247 EVs and installed 139 charging stations in collaboration with private sector partners and institutional clients.