In a statement, Mober said this funding, through equity and convertible notes, will expand the firm’s electric vehicle fleet to 238 and establish a new 3,000-square meter charging facility by early 2025.
Mober, serving major clients like IKEA, Nestle and SM Appliance Center, will use the investment to enhance its battery management system and strategically place charging points across Luzon.
Company CEO Dennis Ng emphasized the credibility and commitment brought by Clime Capital, accelerating Mober’s sustainability goals.
Joshua Kramer, Clime Capital’s Chief Investment Officer, praised Mober’s pioneering role in EV logistics, while Mason Wallick, COO, highlighted the investment’s potential to drive the low-carbon transition.
Mober said it is also committed to workforce diversity, training female drivers and assemblers to foster inclusivity in the industry.
