CostPlus makes global pitch at HK energy expo

Homegrown tech firm CostPlus Inc. is seeking international investors and partners as it made its regional debut at the Battery Show Asia and Mobility Tech Expo in Hong Kong alongside the Department of Trade and Industry (DTI).

The company said Tuesday it led the Philippine delegation to position the country as a provider of scalable energy solutions.

“Bringing our products for the world to see—and seeing people’s reactions—gives us immense validation,” CostPlus Inc. founder and President Anand Mahtani said. “We’re proving that Filipino innovation can improve lives, not just at home but across the globe.”

CostPlus developed the Kidlat EV, a clean energy system that has already provided power to over 27,000 homes, schools, and community hubs nationwide.

“It’s not just about electricity. It’s about enabling education, internet, clean water, and sustainable cooking in communities that need it most. We’ve proven it works here—and now we’re scaling globally to help the 800 million people still without reliable energy," Mahtani said.

According to the Trade and Industry department, the strong investor interest in the Philippine booth signaled growing confidence in the country’s clean energy sector and its potential to compete globally.

“The event creates new opportunities for Philippine companies to expand their reach and grow our exporter base,” John Yzrael S. Nalda from the DTI Export Marketing Bureau said.