Philippines — Market-Specific Commercial Models
Status: Draft v0.1
Based on: MoB3 Philippines strategy, VinFast competitive benchmark, SeaOil pilot data
Audience: Sales and operations teams
1. Product Taxonomy (Philippines)
| Vehicle |
Type |
Battery |
Use Case |
Target Price (PHP) |
| S6 (S-6A, S-6H) |
2W motorcycle |
30Ah (2.16 kWh) |
Boda / delivery |
~95,000 |
| E-3 Pro |
2W motorcycle |
45Ah (3.24 kWh) |
Long-range boda |
TBD |
| CET-3 |
3W cargo |
100Ah-G (7.2 kWh) |
Delivery |
TBD |
| PET-3 (D/S) |
3W passenger tuktuk |
100Ah-N (7.2 kWh) |
Tricycle replacement |
TBD |
2. S6 Pricing Model — Subscription + Per-Swap
Primary pricing for S6 vs VinFast Evo benchmark:
|
VinFast Evo (2 x 1.5 kWh) |
OVES S6 (1 x 2.16 kWh) |
| Monthly subscription |
PHP 878 (2 × PHP 439) |
PHP 599 |
| Per-swap cost |
PHP 70 (2 batteries) |
PHP 37 |
| Range/swap (claimed) |
150 km (test cycle) |
85 km (observed PH conditions) |
| Swaps/month (3,750 km) |
25 |
44 |
| Total monthly cost |
PHP 2,628 |
PHP 2,227 |
| PHP/100km |
PHP 70.08 |
PHP 59.39 |
Key differentiator: OVES offers PAYG path to battery ownership (24 months). VinFast batteries are never owned. No lock-in.
3. Energy & Fuel Parameters
| Parameter |
Value |
| Petrol |
PHP 75/L (July 2026) |
| Grid electricity |
PHP 11/kWh (Meralco) |
| S6 efficiency |
2.54 kWh/100km (observed), 39.4 km/kWh |
| ICE 2W benchmark |
35 km/L → PHP 214/100km |
| ICE 3W benchmark |
22 km/L → PHP 395/100km |
4. Charger Lineup (DC Side, 72V Nominal)
| Tier |
Phase |
DC Current |
DC Power |
AC Input |
Use Case |
| 25A Standard |
1-phase |
25A |
1.8 kW |
~2.0 kW |
Depot / overnight |
| 80A Fast |
1ph (high load) or 3ph |
80A |
5.76 kW |
~6.4 kW |
Mid-throughput station |
| 150A Fast |
3-phase only |
150A |
10.8 kW |
~12.0 kW |
High-throughput station |
| 200A Fast |
3-phase only |
200A |
14.4 kW |
~16.0 kW |
Fleet depot |
1C BMS-limited charging: The BMS (not the charger) is the bottleneck. 150A is the practical ceiling for LFP 1C batteries. 200A adds no speed improvement.
5. Battery Compatibility
| Battery |
Energy (72V) |
Compatible Vehicles |
| 30Ah |
2.16 kWh |
S-6A, S-6H |
| 45Ah |
3.24 kWh |
E-3 Pro |
| 100Ah-G |
7.2 kWh |
CET-3, PET-3D, PET-3S |
| 100Ah-N |
7.2 kWh |
PET-3D, PET-3S (NWOW form factor) |
6. G-Cash Integration
- 80M+ G-Cash users (2026) — massive mobile-wallet infrastructure
- Auto-debit for subscription billing
- Prepaid energy bundle top-ups
- SWAP → PAY flow: tap-to-swap with G-Cash QR
- Priority 1 integration — subscription model depends on it
7. Contract Spectrum (with SeaOil)
| Model |
SeaOil Risk |
SeaOil Contribution |
OVES Contribution |
| A: Pure Tenancy |
Minimal |
Space + power access |
All equipment |
| B: Revenue Share |
Low-Med |
Space + power + staff |
Equipment; 40/60 split |
| C: Co-Investment |
Medium |
Co-invest battery/rack |
Platform + supply |
| D: Full Acquisition |
Highest |
Owns all equipment |
Platform + supply |
Recommendation: Start with A (Pure Tenancy), offer B as scale option.
8. Deployment
| Phase |
Duration |
Vehicles |
Stations |
Key Milestones |
| Go-Live |
Month 1 |
16 (pilot inventory) |
2–3 SeaOil sites |
Equipment commissioning, G-Cash integration |
| Prove |
Months 2–6 |
200–500 |
10–20 |
Unit economics validation, agent onboarding |
| Expand |
Months 7–18 |
5,000–10,000 |
50–200 |
OEM partnerships, LGU engagement |
| Scale |
Year 2+ |
50,000+ |
500+ |
Full local assembly, solar microgrids |
9. Key Risks
- VinFast price war: VinFast has $3B+ parent backing. OVES's structural advantage is energy-company DNA (solar + storage vs. pure-swap retail)
- 3-phase unavailability: Most Philippine commercial sites are 1-phase. 80A charger is the ceiling without utility upgrade
- Currency (PHP/USD): PHP depreciation risk on imported batteries
- Agent quality: Selection, training, and smart-contract governed revenue splits required