US firms inks deal for electric jeepneys in Manila

pangea cometUS company Pangea Motors aiming to replace pollution-spewing urban mass transportation with zero-emission electric vehicles said it has secured a new deal in the Philippines that could generate up to 300 jobs locally as manufacturing ramps up, The Columbian reported.

Pangea Motors, which designs and builds the Comet, a 16-passenger electric van, will supply 10,000 of the vehicles for use on the congested streets of Manila under an agreement the company inked with transportation group Pasang Masda.

Pangea will ship the 10,000 Comets over three years, with about 200 heading out in the first quarter of 2014, said Ken Montler, CEO of GET International, which is marketing the Comet for Pangea.

On top of the deal to ship 10,000 Comets to Pasang Masda, Pangea and GET leaders garnered commitments to ship about 300 of the vehicles to other jeepney owners. They also struck a deal to deploy Comets along a route between two shopping malls in Manila. The vehicles will be equipped with mobile Internet.

Pangea and GET also hope to implement a transportation management system, with multiple revenue streams. That system includes fleet management services, prepaid fare cars and driver training. Each Comet is equipped with a video screen on the back wall. Additional revenue would be generated from the sale of ads targeted to the demographics of riders on individual routes.



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US company Pangea Motors aiming to replace pollution-spewing urban mass transportation with zero-emission electric vehicles said it has secured a new deal in the Philippines that could generate up to 300 jobs locally as manufacturing ramps up, The Columbian reported. Pangea Motors, which designs and builds the Comet, a 16-passenger electric van, will supply 10,000 of the vehicles for use on the congested streets of Manila under an agreement the company inked with transportation group Pasang Masda. Pangea will ship the 10,000 Comets over three years, with about 200 heading out in the first quarter of 2014, said Ken Montler,...

pangea cometUS company Pangea Motors aiming to replace pollution-spewing urban mass transportation with zero-emission electric vehicles said it has secured a new deal in the Philippines that could generate up to 300 jobs locally as manufacturing ramps up, The Columbian reported.

Pangea Motors, which designs and builds the Comet, a 16-passenger electric van, will supply 10,000 of the vehicles for use on the congested streets of Manila under an agreement the company inked with transportation group Pasang Masda.

Pangea will ship the 10,000 Comets over three years, with about 200 heading out in the first quarter of 2014, said Ken Montler, CEO of GET International, which is marketing the Comet for Pangea.

On top of the deal to ship 10,000 Comets to Pasang Masda, Pangea and GET leaders garnered commitments to ship about 300 of the vehicles to other jeepney owners. They also struck a deal to deploy Comets along a route between two shopping malls in Manila. The vehicles will be equipped with mobile Internet.

Pangea and GET also hope to implement a transportation management system, with multiple revenue streams. That system includes fleet management services, prepaid fare cars and driver training. Each Comet is equipped with a video screen on the back wall. Additional revenue would be generated from the sale of ads targeted to the demographics of riders on individual routes.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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