BIZ BUZZ: Green rides, anyone?

Select users of Grab Philippines can now book “green” rides via the app following its launch of the country’s first fully electric taxi fleet in Metro Manila.

In partnership with local operator EV Taxi Corp., the ride-hailing company has made GrabTaxi Electric service—currently in beta testing—available in Makati, Taguig, Pasig, Mandaluyong, Parañaque and Pasay.

Grab said that it also intends to expand adoption of electric vehicles (EV) in its fleet in the provinces—including Davao and Cagayan de Oro—this year.

This service is in line with Grab’s June 2024 pilot study with EV distributor BYD Philippines. It tested the viability of EVs in the ride-hailing segment from both operational and financial perspective.

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“This is not just about offering another ride option,” said Grab Philippines country head Ronald Roda.

“It’s about fundamentally changing the DNA of urban transport in the Philippines,” he added.