Tag: electric vehicles

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Francisco Motors eyes P6B EV production investment

Francisco Motors Corp. (FMC), the Filipino company behind the iconic jeepney, is eyeing an initial P6-billion investment to revive local vehicle production and develop electric vehicles under the government’s Electric Vehicle Incentive Strategy (EVIS).

BYD expands Philippine push as EV demand grows

BYD is strengthening its presence in the Philippines as the country becomes an increasingly important market for electric vehicles and new energy vehicles.

AC Mobility builds EV ecosystem beyond selling electric cars

AC Mobility is accelerating its electric vehicle ambitions by expanding far beyond car sales, positioning itself as an integrated mobility company that combines charging infrastructure, renewable energy, financing and fleet services to make EV ownership more practical for Filipino consumers.

Honda hits breaks on EVs, faces JPY2.5T losses

Honda Motor Co. Ltd. said Thursday, March 11, it is scrapping three planned electric vehicle models for North America in a dramatic strategy reset that could saddle the Japanese automaker with losses of up to JPU2.5 trillion (around USD16–billion).

 Philippines accelerates push for EV manufacturing 

The Philippines is moving closer to becoming a hub for electric vehicle manufacturing, with high-level discussions underway for a major investment in the sector, Finance Secretary Frederick Go announced.

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Boomi expands AI enterprise capabilities with acquisition of Elementary Data

In a strategic move to address the growing demand for trusted data in artificial intelligence deployments, Boomi has officially acquired Elementary Data, a leading provider of data observability solutions. Following its recent acquisition of Lunar.dev, this latest addition significantly strengthens the Boomi Enterprise Platform by integrating advanced observability, data quality, governance, and discovery features essential for modern enterprise AI.

SM Prime starts Susana Heights redevelopment, plans new retail hubs 

SM Prime Holdings Inc. is moving ahead with the first phase of a redevelopment of Susana Heights Village in Muntinlupa, planning new retail plazas and upgrades to community amenities as it seeks to refresh the established residential estate while preserving its low-density character.

Power utilities drive shift to electric mobility 

Power distribution companies are playing a central role in the country’s transition to electric mobility, providing the critical energy grid and charging infrastructure required to make electric vehicles a practical reality for everyday drivers and businesses.

Simple daily habits keep digital banking safe, says EastWest

Digital banking has become a seamless part of daily life for millions of Filipinos, from quick money transfers before work to settling bills from a smartphone at night.

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