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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EVIS, RACE incentives face delays as Bataan courts VinFast

The government’s two major automotive manufacturing incentive programs are facing implementation delays, with the Electric Vehicle Incentive Strategy (EVIS) now expected to begin accepting applications in January 2027, while funding and regulatory requirements continue to hold back a parallel industry support scheme.

Philippine exports seen surpassing $100B despite trade risks

Philippine merchandise exports are on track to breach USD100 billion in 2026, buoyed by electronics and semiconductor shipments, although a weakening peso and unpredictable US trade policies threaten to complicate the industry’s growth prospects.

GDP, inflation cloud Philippine stocks and peso outlook

Philippine stocks and the peso face another testing week as investors weigh the third-quarter economic growth figures against stubborn inflation, with both developments likely to reinforce expectations of another interest rate hike before year-end.

Monde Nissin faces noodle squeeze as premium rivals gain ground

For a country where instant noodles are practically a household staple, selling more of them should be a relatively straightforward business. But the recipe for growth is getting more complicated for Monde Nissin Corp.

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