A global leader in energy management and automation, Schneider Electric, is investing 1.4 million euros to expand its logistics hub in Cavite, according to the Department of Trade and Industry.
Schneider Electric has been operating in the Philippines for 26 years and currently employs 3,375 Filipino workers. Its Philippine operations serve nine countries, with an annual throughput value of 1 billion euros.
Schneider Electric plans to convert 50% of its trucks to electric vehicles by 2030 and intends to utilize EV trucks for 20% of its last-mile deliveries. Representatives from the Board of Investments met with Schneider Electric officials in Taguig to discuss this expansion.
The company has expanded the Schneider Electric Global Hub in Taguig to enhance its analytics capabilities. The project requires higher value services and AI-assisted platforms, and it will employ 80 Filipino data analysts. Schneider Electric’s Global Hub in Taguig is one of four such hubs, providing technical, analytics, finance planning and accounting, as well as sales support to 154 countries in 23 languages.
Schneider Electric initiated its Philippine operations in 1995, manufacturing UPS, power surge protectors, backup UPS, and smart UPS. Its manufacturing facility in Cavite has been transformed into a smart factory.