A police patrol e-trike in the Philippines manufactured by Bemac
. Image Credit: Facebook
Powered by a lithium-ion battery, BEMAC
's electric tricycles are equipped with state-of-the-art Japanese technology such as the power control unit (PCU).
Within this operation, BeMac
will be able to exploit its solid synergies and boost planned growth in international markets.
Barron McCann Technology Limited and Barron McCann Payments Ltd, collectively known as BeMac
, provide baseline grade crypto and key management services to the UK government, military, law enforcement agencies and the finance sector.
Johnsbury (13th ranked), BeMac
Transport (37th), and Standard Tracking (45th).
The EV industry recently reached a milestone as Japanese-led Bemac
passed a rigorous bidding process to clinch the deal to produce and deliver the first batch of 3,000 e-trikes under the joint project of the Department of Energy (DOE) and the Asian Development Bank (ADB) to lessen the country's dependence on import-based, pollution-causing fuel such as gasoline and diesel.
Under the partnership, BEMAC
will conduct study on the feasibility of an electric tricycle business model in the Philippines.
This is expected to come from the aggressive expansion activities of existing EV players in the country, such as Bemac
Electric Transportation Philippines Inc.
There are 30 active e-vehicle players locally with investments of half a billion pesos and production capacity of 80,000 units a year from major players Bemac
, Phil Etro and PHUV.
Electric Vehicle Association of the Philippines (Evap) president Rommel Juan said in a briefing that it was possible to achieve that investment size in five years since one member, Japanese-led Bemac
Electric Transportation Philippines Inc., had already made significant investments.
The units are set to be delivered within the year by Bemac
Electric Transportation Philippines, Inc., a subsidiary of Uzushio that operates in the Philippines.