5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

ACMobility acquires charging startup Evro

by
December 22, 2024
in Stock
0
ACMobility acquires charging startup Evro
FREEOIK

AYALA-LED ACMobility has acquired roaming electric vehicle (EV) charging startup Evro as part of its plan to expand access to charging stations across the country. 

ACMobiliity bought Evro from the Globe Group’s corporate venture builder 917Ventures to address the “availability and accessibility of nearby charging stations.”

“Evro is changing the game for EV adoption in the Philippines,” ACMobility Chief Executive Officer Jaime Alfonso Zobel de Ayala said in an e-mailed statement at the weekend. “Alongside our efforts in ACMobility, it will address a range of anxiety concerns and empower EV owners to have full control of their charging experience.”

Touted as an e-mobility service provider, Evro aims to consolidate the country’s EV charging network regardless of brand or charge-point operators.

The Evro app allows drivers to find the nearest available charging point, monitor the charging progress of their EVs and pay cashless via Gcash or credit card.

“We built Evro with the intention of simplifying Filipino EV owners’ charging journeys,” 917Ventures Managing Director Vince Yamat said.

“Since launching earlier this year, we’ve made significant headway in advancing sustainable transport through our tech and partners. Entrusting Evro to ACMobility ensures it will continue to evolve and contribute to the advancement of sustainable transport,” he added.

The Evro app features 33 live charging locations managed and operated by ACMobility in several areas including One Bonifacio High Street, Greenbelt 3, Alabang Town Center, Trinoma, Nuvali Solenad 1, Baguio Ayala Technohub, Ayala Center Cebu, Abreeza Mall Davao,  and Anvaya Golf and Sports Club in Morong, Bataan.

Evro is in talks to onboard more charge-point operators onto the platform, with plans to expand its network further in the coming months.

The app is can be downloaded for free on the Google Play and Apple App stores.

By 2028, the local EV industry aims to sell 2.45 million electric vehicles and operate 65,000 charging stations nationwide. — Revin Mikhael D. Ochave

Previous Post

Vaccination: A vital investment

Next Post

Local sportswear exports sustainable products overseas

Next Post
Local sportswear exports sustainable products overseas

Local sportswear exports sustainable products overseas

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Jeremy Clarkson slams regulators as ‘most expensive’ Hawkstone beer advert is banned

    Jeremy Clarkson slams regulators as ‘most expensive’ Hawkstone beer advert is banned

    July 14, 2025
    How the law shapes the reality for motorcyclists after serious injuries

    How the law shapes the reality for motorcyclists after serious injuries

    July 14, 2025
    How The Canadian Academy of Osteopathy Is Reshaping Osteopathic Education

    How The Canadian Academy of Osteopathy Is Reshaping Osteopathic Education

    July 14, 2025
    30 manufacturing projects in the works

    30 manufacturing projects in the works

    July 14, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.