Tag: ACMobility

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ACMobility bets big on rapid EV shift

ACMobility expects electric vehicle (EV) adoption in the Philippines to accelerate far beyond earlier projections, with industry penetration potentially reaching 50 percent by 2030, according to chief executive officer Jaime Alfonso Zobel.

ACMobility seen turning profit in 2026

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.

ACMobility launches digital EV fleet platform

ACMobility, the Ayala Group’s end-to-end mobility provider, has launched ChargeFleet, a digital fleet management platform aimed at removing operational barriers that have slowed electric vehicle adoption in the Philippines.

Kia Philippines races ahead in 2025

Kia Philippines closed 2025 on a high, delivering a robust 16.7 percent year-on-year sales increase and cementing its position as the country’s fastest-growing mainstream automotive brand. The ACMobility subsidiary sold 7,810 vehicles during the year, up from 6,692 units in 2024, underscoring resilient consumer demand amid an increasingly competitive market.

Ayala, DOT power tourism’s electric shift

Ayala-led mobility companies have teamed up with the Department of Tourism (DOT) to plug electric vehicles into the country’s tourism roadmap, rolling out a nationwide campaign that blends greener transport with destination development.

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Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.

Data-driven lending seen widening credit access for small entrepreneurs

Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.

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