Local EV firm gets nearly 1K orders from PUV modernization
Tojo Motors Corp., a local electric vehicle (EV) ‘fabricator’, has received close to 1,000 orders of EV units for public utility vehicle (PUV) modernization. On the sidelines of the 12th Philippine Electric Vehicle Summit (PEVS) in Pasay City on Thursday, Tojo Motors chief executive officer Ralph Legaspi said the company would need additional capital to boost its capacity to meet the growing demand driven by the government’s PUV Modernization Program. A Laguna-based EV fabricator, which designs, fabricates, manufactures, and assembles the EV unit, Tojo Motors is expected to deliver 576 units for the transport cooperative servicing Makati-Manila area, 150 units