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Ayala-led ACMobility acquires EV charging startup Evro

by Fatima Baduria

-

January 3, 2025

Ayala-led ACMobility acquires EV charging startup Evro

Philippines – ACMobility, the automotive arm of the Ayala Group, has acquired the electric vehicle (EV) charging network Evro under Globe’s tech innovation arm 917Ventures.

ACMobility’s acquisition of Evro is part of its wider effort to eliminate hindrances to EV adoption, particularly drivers’ access to charging stations.

Meanwhile, Evro aims to consolidate the EV charging network in the Philippines, disregarding brand or charge-point operators (CPO) to provide accessibility to all users. With plans to expand the network, Evro is set to add more CPOs to its platform.

Evro’s app allows EV users to find nearby charging points compatible with their vehicle and monitor the charging progress remotely in real-time. Cashless payments are also available in-app.

The app features 33 charging points managed by ACMobility in different locations in the Philippines, including Metro Manila, Baguio, Cebu, and Bataan.

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

“We are thrilled to bring Evro into the ACMobility ecosystem. Evro is changing the game for electric vehicle adoption in the Philippines. Alongside our efforts in ACMobility, it will address range anxiety concerns and empower EV owners to have full control of their charging experience,” Jaime Alfonso Zobel de Ayala, chief executive officer of ACMobility, said.

“The collaboration with 917Ventures and the Globe Group has been invaluable as we build a sustainable future for Filipino motorists together,” Zobel de Ayala added.

Related Tags Marketing Philippines Globe Ayala Group ACMobility Evro
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