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 is strengthening its presence in the Philippines as the country becomes an increasingly important market for electric vehicles and new energy vehicles.
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 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).
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.
The Philippine Economic Zone Authority (PEZA) is turning to energy management technology to help businesses cut electricity costs, reduce waste and sharpen the competitiveness of the country’s economic zones.
More than 30 members of the Tagbanua Tandulanen Indigenous Cultural Community from 11 El Nido barangays recently took part in disaster preparedness training organized by PLDT Inc. and Smart Communications. Held alongside work on the Palawan Resiliency Submarine Cable Project, the effort underscores that stronger connectivity goes hand in hand with stronger communities.
Megaworld Corp. and Federal Land Inc. are preparing separate partnerships with Pag-IBIG Fund to widen access to affordable homes, adding two major property players to the government’s expanding housing drive.
Primelectric’s Ignite Power and Energy Holdings Inc. on Monday welcomed the approval of its proposed joint venture with the South Cotabato II Electric Cooperative (SOCOTECO II), vowing to modernize the cooperative’s power distribution system and improve electricity services across its franchise area.