Tag: electric vehicles

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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.

VinFast charges ahead by fixing EV barriers

Range anxiety and steep upfront costs remain the biggest speed bumps to electric vehicle (EV) adoption among Philippine businesses, industry leaders said at the first B2B EV symposium hosted by VinFast Philippines last Friday, February 13, in Parañaque.

Electric vehicle dreams need engines first

Electric vehicles are often framed as a clean break from the past. But for the Philippines, EVs will only thrive if the country first rebuilds what it has steadily lost: a strong automotive manufacturing base.

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DOE to release coal transition plan: balancing climate goals and energy security

The Department of Energy (DOE) is set to release a formal coal transition plan, a key policy step that aligns the country’s climate commitments and renewable energy targets while securing stable power supply amid ongoing challenges in the coal sector.

Meralco restores power as Habagat floods disrupt service

Crews of Manila Electric Co., or Meralco, are working round-the-clock to restore electricity in areas hit by heavy rains and flooding from the enhanced southwest monsoon, with around 49,000 customers still experiencing service interruptions as of 4 p.m. Sunday.

Central bank warning drives DA to review food policies to protect consumers from price spikes

The Department of Agriculture is sharpening its strategy against the potential return of the El Niño weather phenomenon, responding directly to alerts from central bank officials that future droughts could trigger a new wave of inflation. Monetary authorities have emphasized that farm output and market prices are deeply linked, making agriculture policy a primary front in the country’s fight against rising living costs. For everyday consumers, any drop in farm production quickly turns into higher prices for kitchen staples, directly impacting household budgets.

Fuel prices set to drop, ending two-week streak of hikes 

Motorists can expect relief at the pumps this week as fuel prices are projected to fall on Tuesday, bringing an end to two consecutive weeks of increases.

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