Mober
BUSINESS

BDO to finance Mober’s commercial EV fleet in Phl

Raffy Ayeng

BDO Unibank, Inc. and green logistics pioneer Mober have announced a significant partnership to finance the acquisition of 60 new electric vehicle (EV) trucks for Mober’s fleet. This deal increases Mober’s EV fleet to 110 units, cementing its position as a leader in sustainable logistics in the Philippines.

Eco-friendly logistics

Mober’s expanded fleet aims to set a benchmark for sustainability in mid- and last-mile logistics. Serving notable clients such as IKEA, Nestlé, Maersk, Monde Nissin, Starbucks, and Kuehne+Nagel, Mober’s innovative logistics solutions align with global net-zero commitments.

“This is a historic milestone not just for Mober but for the entire logistics industry in the Philippines,” said Dennis Ng, CEO of Mober. “With the addition of these 60 EV trucks, our fleet now stands at 110 units, bringing us closer to our goal of 240 units by the end of the first quarter of 2025. Supported by our proprietary Battery Management System (BMS) and Transport Management System (TMS), we’re ensuring not only sustainability but also efficiency and reliability for our clients."

Mober’s cutting-edge Battery Management System (BMS) ensures real-time monitoring of battery health, enabling predictive maintenance and prolonging fleet lifespan. Its proprietary Transport Management System (TMS) optimizes delivery routes to reduce energy consumption and emissions, delivering operational efficiency for clients.

BDO’s green financing

BDO Unibank, the country’s largest bank, emphasized its commitment to sustainable practices through this partnership.

"We remain committed to supporting eco-friendly initiatives and innovative businesses that nurture the environment and present opportunities for economic growth,” said Charles M. Rodriguez, Executive Vice President and Head of BDO Unibank’s Institutional Banking Group. “This partnership with Mober reinforces our shared commitment towards a greener, more sustainable future.”

Last year, Mober secured a $6 million blended investment from the Southeast Asia Clean Energy Facility II (SEACEF II), managed by Singapore-based Clime Capital. This investment focuses on supporting businesses that accelerate the transition to clean energy and low-carbon solutions in the region.

Rachel Santiago-Sacro, Clime Capital Philippines Country Manager, highlighted Mober’s role in addressing climate challenges.

"The Philippines is one of the world's most vulnerable countries to the adverse impacts of climate change. By supporting clean-energy pioneers like Mober, we make a meaningful contribution toward rapid decarbonization in Southeast Asia – helping to meet countries' net-zero targets," she said.

Mober’s new EV trucks will complement the opening of its EV charging hub in Pasay City by January 2025, which will become Southeast Asia's largest logistics-focused EV charging facility. Through partnerships with BDO and Clime Capital, Mober continues to lead the way in sustainable logistics in the Philippines.