ACMobility, Ayala Corp’s mobility arm, is on track for a financial turnaround after narrowing losses in 2025, with management expecting the business to reach profitability in 2026 as its electric vehicle push gains scale.
DENZA Philippines is stepping up its assault on the country’s crowded spirts utility vehicle (SUV) segment, rolling out two electrified models—the B5 and B8—in a bid to challenge gasoline-powered incumbents and capture a slice of the fast-growing market.
The Department of Transportation (DOTr) is speeding up land acquisition for two major rail projects: the North–South Commuter Railway (NSCR) and the Metro Manila Subway Project (MMSP).
Tesla, Inc., the U.S.-based electric vehicle and clean energy company led by billionaire Elon Musk, reported higher first quarter earnings, as gains from its core auto business were partly offset by aggressive spending on artificial intelligence, robotics, and factory expansion.