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Making the Most of Micromobility in the Philippines

04-19-2023 06:08 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Traffic congestion is a big problem that is affecting the daily lives of millions of people in the Philippines. As a result of the increasing number of cars on the road and rising urbanization rate, cities are becoming highly congested, thus also affecting the environment.

In this blog, we will explore the different types of micromobility vehicles in the Philippines and the benefits they offer.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/philippines-micromobility-market/report-sample

Types of Micromobility Vehicles in the Philippines

Micromobility is becoming a popular choice of transportation in the Philippines, and there are several types of vehicles available in this country for this purpose, including:

• E-Mopeds: E-mopeds are also known as 'sit-down scooters', and they are the most-vastly used light vehicles in the Philippines for short-distance commute, because of their economical nature.

• Electric Scooters: Electric scooters are another popular mode of micromobility in the Philippines. They are lightweight, convenient, and eco-friendly and offer a practical solution to short-distance travel. Rental services for electric scooters are widely available in this country, making them accessible to everyone.

• Electric Bikes: Electric bikes are also becoming popular in the Philippines, as they are environmental-friendly and a more-affordable way of transportation than scooters.

Inquire before purchase@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=philippines-micromobility-market

Benefits of Micromobility

• Reduced Traffic Congestion: Micromobility vehicles are a practical solution to traffic congestion in the Philippines. By using these vehicles, people can commute more easily through dense traffic. Moreover, if these services find optional penetration, the overall traffic congestion will reduce, as they are merely two-wheelers, which take up much less space on the roads and at parking lots.

• Reduced Air Pollution: Micromobility vehicles are an eco-friendly option as they produce no emissions, unlike traditional vehicles. Electric vehicles, such as e-mopeds and e-scooters, are helping in improving the air quality and reducing pollution in the Philippines they are powered by a motor and battery and not a gasoline- or diesel-guzzling internal combustion engine.

• Cost-Effective: Micromobility vehicles are an affordable option for people who cannot afford a car or do not like spending a lot of money on transportation. Additionally, several companies in the Philippines provide micromobility vehicles rental services at an affordable rate, especially those that operate via the dockless model.

Introduction of Swappable Batteries Could Make Micromobility Really Cheap

Swappable batteries are exactly what they sound like. They enable the exchange of discharged batteries with a fully charged one. The introduction of these batteries has increased the time on the road of these vehicles. In addition, using swappable batteries has improved vehicle availability and reduced charging costs.

As the demand for sustainable, affordable, and convenient transportation options continues to rise, micromobility will play an important role in the transportation scenario of the Philippines. Thus, micromobility service providers in the Philippines could gain USD 13,899.7 million revenue by the end of this decade.

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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