Endika Aboitiz, partners to upgrade 50,000 diesel-fueled jeepneys to electric vehicles
QEV Philippines, a joint-venture among Philippine and Spanish businessmen led by Endika Aboitiz, Enrique Ba?uelos, and Jose Maria Roger, is partnering with local jeepney manufacturers, including Sarao Inc., to convert 50,000 jeepneys from diesel to electric.
To make this viable, the company in talks with Shell, Ayala, and SM to put up charging stations in their gas stations and malls. The chargers can charge an e-jeepney in slightly over 10 minutes.
QEV Philippines has taken in ABB (Asea Brown Boveri) as technical partner to produce universal charging stations. Meanwhile, Aboitiz Power Corp. will provide the supply of renewable energy to these charging stations.
The company said charging of lithium ion batteries for 15 minutes costs 30 percent less than the average liter of diesel, enabling it to run for 100 to 140 kilometers.