Tag: Electric Vehicle

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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.

BYD unveils DENZA, premium EV arrival

BYD is charging into the Philippines’ luxury electric vehicle (EV) market with the official launch of its premium brand, DENZA. 

Tesla misses 1Q earnings estimates as sales slide

Tesla Inc. reported weaker-than-expected first-quarter earnings on Tuesday, highlighting a sharp decline in automotive revenue that underscored the mounting pressures facing the electric vehicle...

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EU, Philippines launch AI lab to draw investment, boost industry 

The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.

Digital remittance study highlights evolving cross-border payment trends in PH 

Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.

Rising debt, slower growth weigh on Philippine risk outlook

The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.

Mindanao top region in consumer credit demand, TransUnion Says

Mindanao is emerging as the Philippines’ most credit-receptive region, with 54 percent of consumers planning to borrow or use credit for purchases in the coming months, even as more respondents identify as lower-income, according to TransUnion’s 2026 Credit Perception Index.

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