Taiwanese manufacturers of electric vehicle (EV) buses are exploring plans to establish a production facility in the Philippines, with a potential capital outlay of about USD25 million, the Philippine Economic Zone Authority (PEZA) said.
A fresh report from Agile Data Solutions Inc. suggests the latest spike in global oil prices could reshape how Filipinos think about mobility, potentially accelerating interest in electric vehicles (EVs), but not without persistent hurdles.
Toyota Motor Philippines is ramping up its electrification push, targeting electrified vehicles to account for 20 percent of total sales this year, as demand for greener mobility gains traction.
DHL Express Philippines is ramping up its shift to electric mobility, deploying eight additional electric vehicles (EVs) under its fleet electrification program, with two more units slated for rollout in the first quarter.
Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).
Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.
Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.
The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.