EVWealth eyes fleet management program for Boracay

EVWealth Inc. is eyeing to establish a fleet-management program of Electronic Tricycles (e-trikes) in this resort island.

Hernando Esquivel, EVWealth general manager, said they are partnering with the Department of Energy in this endeavor. The DOE is reportedly eyeing to give 200 units of e-trikes to Boracay under a conditional donation scheme.

Esquivel presented the program during the regular weekly council session of the Sanguniang Bayan of Malay on Tuesday.

“Under the scheme, each driver should pay P649 a day for three years to be under the fleet-management program. The fee includes provision of spare parts, passenger-hailing program and installation of battery charges in their residences, among others,” he said.

“E-trikes could boost the drivers’ income in Boracay, since it is cheaper to use compared to traditional tricycles using gasoline. Based on our computation, drivers would only spend P30 pesos worth of fuel compared to the P70 per liter of gasoline,” he said.