Meralco sets up unit for e-vehicle charging stations
Manila Electric Co. has incorporated a new subsidiary that will maintain and operate electric vehicles and charging stations.
In a stock exchange filing, Meralco said it received the certification of registration of eSakay Inc. from the Securities and Exchange Commission.
The creation of a new subsidiary is in line with Meralco’s efforts to help lower the country’s carbon emissions.
Meralco earlier said it will focus on e-tricycles, e-jeepneys, or e-shuttles.
Last year, Meralco partnered with Mitsubishi Motors Philippines Corp. to build EV charging stations in selected offices of the Department of Environment and Natural Resources and the Department of Trade and Industry.