SM Prime plans 50 more EV charging stations this year
SM Prime Holdings Inc., led by President Jeffrey Lim, plans to install at least 50 additional electric vehicle (EV) charging stations across its nationwide portfolio this year.
The company currently has 131 EV charging stations in malls and office developments and aims to expand into residential communities and leisure estates.
"Integrating sustainable practices into our operations is a core part of SM Prime's long-term strategy," Lim said, emphasizing the company's commitment to sustainability.
SM Prime's initiative also supports the government's vision for an inclusive and future-ready EV ecosystem, with targets set under the Comprehensive Roadmap for the Electric Vehicle Industry.
On Thursday, shares in SM Prime rose by 4.13% or P1 to close at P25.20.
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