MVP Group Acquires Meralco's E-Jeep Business | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices

  • 📰 carguideph
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

MPT Mobility acquires Meralco's e-Jeep business. MPTMobility Meralco Byahe EJeep CarGuidePH

As part of MVP group’s thrust towards providing sustainable transportation and mobility solutions, Meralco and On-Us Solutions, Inc. shook hands to enter into an agreement for Byahe to acquire 100 percent of Meralco’s eSakay public transportation business.

This program while currently being implemented, is saddled by the high costs of operations, among other challenges. While EV jeepneys lower their operating costs, this new industry needs all the help it can get from the government to ensure that it remains financially viable and sustainable. “This acquisition will allow Byahe and MPT Mobility to give birth to a new era in public transport. The electric PUJ under the government’s modernization program has finally arrived.” said Enrique Gonzales, Byahe Co-founder.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in BUSİNESS

Business Business Latest News, Business Business Headlines