Aboitiz Power Corp. on Thursday launched its corporate electric vehicle fleet transformation as part of its contribution towards a greener and cleaner mobility in the country.
The move also supports Republic Act 11697 or the Electric Vehicle Industry Development Act, which mandates industrial and commercial companies to have EVs comprising at least a 5 percent of their fleet. Aboitiz Power now has about 2 percent EVs on its fleet.
The law aims to reduce the dependence of the local transportation sector on imported fossil fuels.
“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 Aboitiz Power president and chief executive Emmanuel Rubio.
The EVs were manufactured by Build Your Dreams and will soon be deployed to the three key cities of Aboitiz Power distribution utilities, specifically, Visayan Electric, Davao Light and Cotabato Light.