Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Voltai launches motorcycle battery swap network

GLOBAL.HONDA

ABOITIZ POWER CORP. (AboitizPower) on Wednesday said its startup venture Voltai has launched the country’s first large-scale motorcycle battery swap ecosystem, aiming to help businesses with fleet operations reduce downtime and fuel costs while supporting the country’s clean energy transition.

In a statement, AboitizPower said the system is tailored for enterprises in logistics, food and beverage delivery, and ride-hailing services, which rely heavily on two-wheel fleets.

Voltai’s model lets businesses lease electric motorcycles and batteries for a fixed fee. Riders can exchange a depleted battery for a fully charged one in seconds at Voltai’s battery swap stations, eliminating the need for long charging times.

Through a dedicated mobile application, users can track battery health, find the nearest swap station and get navigation support through Google Maps.

Meanwhile, fleet managers can monitor performance via a web-based Fleet Management System, which provides real-time data on vehicle location, trip history, mileage, alerts and carbon emission reductions.

Voltai operates under 1882 Energy Ventures, a unit of AboitizPower focused on developing energy technologies that promote decarbonization and decentralization of the country’s energy system.

“As a business-to-business solution, it addresses downtime, frequent maintenance and fuel cost challenges for fleet businesses and riders, while also providing remote visibility on utilization,” Fazlur Abdul Rahman, head of ideation at 1882 Energy Ventures and Voltai’s co-founder and chief executive officer, said in the statement.

Voltai has partnered with Cleanfuel and MyTown, a co-living and dormitory brand, to host 15 battery swapping stations across key areas in Metro Manila — the biggest two-wheel electric vehicle (EV) swap network in the country.

The company plans to expand its coverage next year to other parts of Metro Manila and nearby provinces.

Mr. Rahman said the launch aims to help fleet operators in the Philippines reduce expenses, improve efficiency and cut emissions without making large upfront investments.

The Electric Vehicle Industry Development Act requires both government and corporate fleets to allocate at least 5% of their vehicles to EVs, supporting efforts to mainstream electric mobility in the Philippines. — Sheldeen Joy Talavera

    You May Also Like

    Stock Markets

    United States dollar banknotes and an American flag displayed on a laptop screen are seen in this illustration photo taken in Poland on Dec....

    Finance

    Harrods has confirmed that hackers have stolen personal data from its online customers in a fresh IT security breach. The luxury department store said...

    Stock Markets

    PRESIDENT FERDINAND R. MARCOS, JR. FACEBOOK PAGE PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. said corruption cases tied to infrastructure spending must be backed by...

    Stock Markets

    Words reading “Artificial intelligence AI” of miniature robot and toy hand are pictured in this illustration taken on Dec. 14, 2023. — REUTERS/DADO RUVIC/ILLUSTRATION...

    Disclaimer: CaptainOfSuccess.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.