Connect with us

Hi, what are you looking for?


Globe says ‘climate tech’ a new focus area

GLOBE TELECOM, Inc. is expanding its ecosystem to include “climate tech” (Climatech) as a new focus area aimed at combating climate change by mitigating greenhouse gas emissions.

“One key initiative to drive Climatech would be in the space of electric vehicle (EV),” Globe said in a disclosure to the stock exchange on Friday.

The company appointed Bernard P. Llamzon, its current executive vice-president for Channel Management Group, as lead of the initiative.

Mr. Llamzon will take on his new role starting Jan. 1, 2023.

“As he leads this initiative, he will be working closely with the different teams in the organization,” Globe said.

The company announced recently that its corporate venture builder, 917Ventures, and Ayala Corp. are set to bring Taiwan-based electric scooter and battery swapping system provider Gogoro to the Philippines.

Gogoro’s Smartscooters will serve as an eco-friendly alternative to fossil fuel-powered vehicles currently used by the logistics and last-mile delivery industry, according to Globe.

There will be battery swapping stations for Gogoro’s two-wheel EVs.

“Users can quickly swap depleted batteries for fully-charged ones in seconds,” Globe said in a statement.

Ayala, 917Ventures, and Gogoro plan to pilot the program in the first quarter of 2023.

The logistics industry is known to release significantly more emissions per vehicle per day than consumer riding, according to 917Ventures.

“We are committed to helping address the climate crisis by introducing Gogoro to logistics businesses, helping them in their sustainability efforts,” 917Ventures Managing Director Vince T. Yamat said.

“In addition, because of the Swap & Go technology that enables riders to be fully charged in just seconds, we hope Gogoro will also help address hesitations surrounding charging electric vehicles and even finding parking slots. Hopefully, this technology will encourage more Filipinos to switch to EV,” he added.

Gogoro has more than 11,000 battery swapping stations at more than 2,260 locations in Taiwan. Its network has more than 520,000 riders who perform more than 370,000 battery swaps per day, according to Globe. — Arjay L. Balinbin

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!


Editor’s Pick

<?xml encoding=”utf-8″ ??> Ava Whetstone-Magee, the founder of Avalanche Equestrian talks about the lightbulb moment which led her to start her business at the age...

Editor’s Pick

<?xml encoding=”utf-8″ ??> The exodus of workers from the jobs market over the pandemic has weakened prospects for Britain’s economic growth, the governor of...

Editor’s Pick

<?xml encoding=”utf-8″ ??> Will Polston, talks to Business Matters about how helping ambitious owners to maximise their potential has resulted in him becoming a finalist...


Elon Musk talks about his company’s Starlink project at the Mobile World Congress, Barcelona, Spain, June 30, 2021. — BRISA PALOMAR / PACIFIC PRESS/SIPA...


PHILSTAR FILE PHOTO The National Economic and Development Authority (NEDA) has approved seven “high-impact” projects, ranging from agriculture to transportation, the agency’s top official...


Television (TV) advertising is shifting toward addressable TV, a service that allows advertisers to show different ads to different audiences watching the same program,...

You May Also Like


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.