Asialink Finance Corporation (AFC), a leading non-bank financial institution, has sealed strategic partnerships with CBEV Transport Technology Inc. (CarBEV), VinFast Fairview, and PeekUp to boost electric vehicle (EV) financing and support sustainable mobility in the Philippines. The agreements were signed during a ceremony at AFC’s office.
Through these collaborations, AFC strengthens its foothold in the EV, fleet management, and ride-hailing sectors. With CarBEV, an EV solutions and fleet services provider, AFC will offer financing for businesses and fleet operators. The tie-up with VinFast enables loans for a wide range of electric vehicles, helping speed up national EV adoption.
Meanwhile, the partnership with local ride-hailing platform PeekUp opens financing opportunities for driver-partners and entrepreneurs in the transport network vehicle service (TNVS) market.
These deals expand AFC’s transportation financing portfolio. The company targets a 36 percent growth in its auto loan business, supporting rising demand for EVs, commercial fleets, and ride-hailing services while empowering more businesses and individuals to join the country’s shifting mobility landscape.
