1-Fengquan initiated a six-month market research project in the Philippine market;
2-Conducted meetings with jeepney operators to understand local market demands;
3-Deployed fast-charging piles;
4-Sent prototype jeepneys for road testing.
*Initial Outreach Phase(January to March 2023)
1-Held a roundtable meeting with H.E. Ferdinand Marcos Jr., President of the Philippines, and Hon. Alfredo Abelardo Benitez, Mayor of Bacolod City;
2-Signed a Jeepney Modernization MOU with Bacolod City, securing a 300-unit Letter of Intent (LOI) and designating 5 pilot routes.
*Pilot Operation Phase(May to August 2023)
1-Meet with the government and operators of Claude and conduct media publicity
2-The operator conducts a trial operation and provides feedback
3-Accept media interviews
4-Collect operational data
*Executed Orders&Letters of Intent(August 2023 to April 2024)
1-As of [Current Date], 7,900 units under executed contracts have been secured.
*Localized Jeepney Assembly Facility(December 2024)
1-In the early stage, it will be exported to the Philippines in the form of complete vehicles for complete vehicle delivery first.
2-Later, an assembly line will be built locally in the Philippines, and the goods will be transported from China's SKD to the Philippines for assembly
3-Drive Chinese supply chains to invest in the Philippines and carry out supporting production
