The Bank of the Philippine Islands (BPI) is accelerating its push into electric vehicle (EV) financing, with its loan portfolio climbing 18% to about P12 billion as of end–first quarter, buoyed by stronger demand and improving affordability.
The Civil Aviation Authority of the Philippines (CAAP) has deployed new aircraft rescue and fire fighting (ARFF) vehicles to regional airports, a major move in the agency’s modernization of emergency response capabilities.
Vietnamese electric vehicle manufacturer VinFast is stepping up its Southeast Asian expansion, moving aggressively into the Philippines’ high-volume motorcycle market through partnerships with 14 local distributors ahead of its planned commercial launch this June.
Vehicle sales in the Philippines weakened in the first quarter of 2026, even as electrified mobility continued to gain momentum, according to industry data from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).
In an archipelago where a delivery route could involve a truck a ferry and a plane sometimes all before lunch, 2GO Group is betting that complexity could become an advantage rather than a constraint.