DOE gets 27% discount on 3,000 e-trikes

Rappler.com

This is AI generated summarization, which may have errors. For context, always refer to the full article.

DOE gets 27% discount on 3,000 e-trikes
The only bidder in the government’s e-trike program agrees to lower the price and may lower it further still

MANILA, Philippines – The only bidder for the supply and delivery of 3,000 electric-powered tricycles (E-trikes) to the government has agreed to lower the price for the contract, but the Department of Energy (DOE) is still seeking to lower it further.

Uzushio Electric Co. Ltd. of Japan and its local partner submitted a bid of P364.17 million ($7,744 million) which the DOE successfully lowered.

“We were able to lower the price by 27%,” said DOE Undersecretary Donato Marcos last week. The agency is still negotiating for a much lower cost.

“The result of the first negotiation was for the lone bidder to lower it by 27%. Now, we are negotiating again with the presence of an e-vehicle expert. We are hoping that it can still be lowered,” added Marcos.

The E-trike project is a joint project of the DOE and the Asian Development Bank (ADB) which aims to replace some 100,000 gasoline-fed tricycles by 2017.

The ADB will put up  $300 million (P14.1 billion) for the $504 million (P23.7 billion) project. The government will fund $99 million (P4.65 billion), and the Clean Technology Fund will add another $105 million (P4.93 billion).

The E-Trike project aims to promote sustainable transport, address the increasing carbon emissions in major cities, and reduce oil dependence of the local transport sector.

The project is looking to reduce the transport sector’s annual petroleum consumption by 2.8% (equivalent to 89.2 million liters) per year and achieve 79% carbon dioxide footprint avoidance.

Each E-trike unit features a 3-kWh (kilowatt-hour) lithium-ion rechargeable battery and can comfortably sit up to 5 passengers.

The people behind the project also hope it will transform the public tricycle sector and kickstart a new industry in the transport sector.

Marcos said Uzushio Electric Co Ltd of Japan and its local partner BEMAC Electric Transportation Philippines, Incorporated will be submitting a counter-offer soon.

“We have to seek again a No Objection Letter (NOL) from the ADB. After it is issued, we have to recommend the award of the project to the DOE Secretary,” said Marcos.

Each unit complies with the Road Worthiness Guidelines and Regulations of the Land Transportation Office (LTO). It requires less maintenance, and is designed for maneuverability and passenger comfort. There is no noise and less vibration than conventional tricycles. – Rappler.com

$1 = P47.03

Add a comment

Sort by

There are no comments yet. Add your comment to start the conversation.

Summarize this article with AI

How does this make you feel?

Loading
Download the Rappler App!