Transport & Logistics
BYD expects BEVs to charge ahead in 2026
Battery electric vehicles (BEVs) are poised to steal the spotlight from hybrids next year, as demand for new energy vehicles (NEVs) shifts into a higher gear in 2026.
MPIC defers LRT-1 stake sale as gov’t settles obligations
Metro Pacific Investments Corp. (MPIC) has put on hold plans to sell its stake in the operator of Light Rail Transit Line 1 (LRT-1) following what it described as encouraging progress by the government in settling long-standing contractual obligations.
Ty urges deeper study of EV strategy
Proposals to launch electric vehicle (EV) manufacturing under the government’s Electric Vehicle Industrial Strategy (EVIS) must be examined more closely to ensure scale, sustainability, and industry alignment, according to Alfred Ty, chairman of Toyota Motor Philippines Corp..
Gov’t moves to clear P3B obligation to LRMC, signals stronger PPP commitment
The Light Rail Transit Authority (LRTA) is seeking a P3-billion loan from Land Bank of the Philippines to settle its remaining financial obligations to Light Rail Manila Corp. (LRMC), the private operator of LRT Line 1.
Honda merger ignites Philippine expansion
Newly-merged Honda Philippines, Inc. (HPI) is accelerating its manufacturing push, unveiling a major expansion in motorcycle engine components as it doubles down on its long-term commitment to the Philippine market.
