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The Philippines imports $15 billion worth of oil every year. 4 million tricycles burn a significant share of it.
Paul Johnston is the CEO of Pure EV, 350 electric tricycles operating across the Philippines, 92% utilisation, drivers taking home 30% more income. The technology works. The numbers work.
We go into the unit economics, the financing barriers, the charging infrastructure, and why converting Jeepneys is a maths problem and not a technology problem.
The question is want.
Connect with Sohail Hasnie:
By Sohail Hasnie5
44 ratings
The Philippines imports $15 billion worth of oil every year. 4 million tricycles burn a significant share of it.
Paul Johnston is the CEO of Pure EV, 350 electric tricycles operating across the Philippines, 92% utilisation, drivers taking home 30% more income. The technology works. The numbers work.
We go into the unit economics, the financing barriers, the charging infrastructure, and why converting Jeepneys is a maths problem and not a technology problem.
The question is want.
Connect with Sohail Hasnie:

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