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Mober inks financing deal with BDO
The Philippine Star
|December 27, 2024
Green logistics startup Mober has inked a financing deal with BDO Unibank Inc. for the acquisition of new electric vehicle (EV) trucks as part of its fleet expansion.
In a statement, Mober said the financing deal covers the acquisition of 60 new EV trucks, bringing its total fleet to 110 EV trucks.
"This is a historic milestone not just for Mober but for the entire logistics industry in the Philippines," Mober CEO Dennis Ng said.
"With the addition of these 60 EV trucks, our fleet now stands at 110 units, bringing us closer to our goal of 240 units by the end of the first quarter of 2025. Supported by our proprietary Battery Management System (BMS) and Transport Management System (TMS), we're ensuring not only sustainability but also efficiency and reliability for our clients," he said.
Aside from expanding its fleet, Mober is also setting the precedent for innovation in the commercial EV space in the country.
This story is from the December 27, 2024 edition of The Philippine Star.
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