Friday, April 25, 2025

Mober seeks P500-M financing for expansion amid strong EV logistics demand

Mober, the Philippines largest green logistics provider in the Philippines focused on business to business model,  said it will invest half a billion pesos to expand its operation this year amid strong demand as companies move to massively shift to the use of cleaner and cost efficient mobility.

Dennis Ng, Mober founder and CEO, said during a press conference at the launch on March 10, 2025, of its Central Charge, the country’s largest commercial EV charging station along Macapagal Ave in Pasay City, that the financing requirement will be used for the additional 300 EVs to beef up its current fleet of 200 EVs.  The plan is to grow its EV fleet, a combination of e-vans and e-trucks, to 1,500 units within five years.

Ng said that financing is one of the biggest challenge faced by the EV logistics industry at present. He cited BDO as the first bank to bankroll its initial fleet of EVs.

Mober is also building two more but bigger central charge hubs, one each for Laguna and Bulacan to cater to the needs of logistics firms in the south and north, respectively, within the year.

This will not only enhance its logistics network but also support expansion to the region regions. More importantly, these hubs will empower small truckers. There are 500,000 small truckers in the Philippines. “To transition to electric vehicles seamlessly by providing access to charging infrastructures and offering EV rentals. More essentially, that sustainability is not just for large corporations, but an accessible opportunity for all,” he said.

For its Central Charge along Macapagal Ave., Mober spent PhP14 million to modernize and retrofit the 6,000 square meter facility, which it rented from pension fund Social Security System.

The state of the art facility covers 3,000 square meters with 56-port capacity, all for the exclusive use of its primary clients Ikea, Nestle Philippines and Maersk.

With a structured three-shift system, it has the capacity to charge up to 200 EV trucks daily, ensuring round-the-clock operational support for its logistics fleet.

Unlike typical public EV stations, Central Charge is specifically designed to meet the unique demands of logistics operations. Equipped with 50 7kW DC chargers and two 80kWn fast-charging units, Central Charge enables Mober to streamline operations and minimize vehicle downtime.

“At Mober, we’ve been committed to finding solutions to infrastructure challenges since our transition to EVs in 2021. Central Charge demonstrates our vision to pave the way for a cleaner, more efficient future for our clients and solidify the Philippines’ place at the forefront of sustainable logistics in Southeast Asia,” said Ng, who started the business as an online logistics delivery in 2015 before it transitioned to EV logistics provider at the height of the Covid pandemic in 2021.

To further its sustainability goals, Mober is exploring the addition of solar photovoltaic (PV) panels and a 500 kWh battery energy storage system (BESS) at Central Charge.

With a total roof area of 13,000 square meters, this means a potential harvest of 4 megawatts of solar power, significantly reducing its carbon footprint, and powering its operations with clean renewable energy.

“These upgrades, along with the hub itself, will be crucial in supporting Mober’s ambitious expansion plans, which include scaling its fleet to over 500 EVs by 2026,” he said.

Mober’s first charging hub is located in Zamora Street, Pasay City, in 2023. Its initial hub spanned 800 square meters and had 30 charging units.

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