Chinese new energy vehicle powerhouse BYD is stepping harder on the accelerator in the Philippines, formally launching its premium marque Denza and signaling a broader Southeast Asian push.
Transportation Secretary Giovanni Lopez has ordered faster construction of the Davao Public Transport Modernization Project (DPTMP) to keep the “DavaoBus” system on track for partial operations by late 2027.
Premium electric vehicle brand DENZA Philippines has formally launched retail operations in the country, opening its first flagship dealerships in Metro Manila and Cebu as it builds its presence in the growing new energy vehicle (NEV) market.
Vehicle sales in the Philippines slid to a 10-month low in January, reflecting a sharp cooldown after December’s record-setting yearend rush and underscoring the seasonal swings of the local automotive market.