Tag: Electric Vehicle

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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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Toyota unveils Tamaraw MPUV, expands electrified vehicle lineup

Toyota Motor Philippines (TMP) will highlight its locally manufactured Tamaraw public transport platform and expanding electrified vehicle lineup at two automotive exhibitions from October 22 to 24 at the SMX Convention Center in Pasay City, reflecting its dual focus on commercial mobility and vehicle electrification.

DTI helps MNEX fast-track ₱180M Batangas manufacturing plant 

The Department of Trade and Industry (DTI) is working to accelerate the launch of Singaporean manufacturer MNEX’s P180-million precision manufacturing facility in Batangas, with production targeted to begin in early 2027.

Foreign currency reserves dip to $99.5 billion in September 

The country’s gross international reserves dipped to $99.5 billion at the end of September 2026, down from the previous month’s balance, according to data released by the Bangko Sentral ng Pilipinas.

Philippine firms face AI security gaps despite strong cyber defenses

Philippine organizations are struggling to secure artificial intelligence (AI) agents and coordinate cyber defense operations, even as they demonstrate stronger-than-average cybersecurity readiness, according to Cisco’s latest report.

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