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5 firms bid for e-trike project

Five companies submitted bids for the supply and delivery of 3,000 units of electric tricycles that are seen to jump-start the country’s e-vehicle industry, the Energy Department said Wednesday.

The five are Uzushio Electric Co. Ltd. of Japan, Mulan Electric Vehicle Co. Ltd. of China, TECO Electric & Machinery Co. Ltd. of Taiwan, CAMEC JB Corp. of the Philippines and Invenic Inc. in joint venture with Jiang Siu Hansen Motor Co. Ltd.

“The DoE procurement of the 3,000 e-trikes will serve as catalyst for the promotion and commercial deployment of e-trikes in the country,” Energy Undersecretary Donato Marcos said.

He said the bids would undergo technical review in the next two weeks while the financial evaluation would follow shortly.

Marcos said the department after the technical evaluation would submit its review   to the Asian Development Bank to secure a “no objection notice.”

“We are looking at awarding the project either in late June or anytime in July,” he said.

Marcos said around 21 companiesearlier expressed interest to participate in the e-trike bidding but only five submitted bids.

“This was probably because the requirements set by DoE and ADB dictated the quality of the bidder,” Marcos said.

The first batch of 3,000 e-trikes will be rolled out in the National Capital Region and Region 4 A and 4B.

Land Bank of the Philippines, as conduit of the ADB, will collect and repay the multilateral lending institution for the deployment of the e-trikes.

The department is implementing the “Market Transformation through the Introduction of Energy Efficient Electric Vehicles Project,” or the E-Trike project, to help the government ensure energy security through the promotion of energy-efficient and clean technologies.

The project is expected to insulate stakeholders from the price volatility of imported petroleum products.

The project, largely financed by the ADB and the Clean Technology Fund totaling $500 million, will be implemented for five years.

The project aims to deploy 100,000 e-trikes nationwide to replace the same number of traditional gasoline-fed tricycles, reduce the transport sector’s annual petroleum consumption by 2.8 percent (equivalent to 89.2 million liters) per year and achieve 79 percent carbon dioxide foot print avoidance.

Each e-trike unit features a 3-kWh lithium-ion rechargeable battery, can negotiate flat and uphill terrain, and comfortably seat up to five passengers.

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