Tag: EV

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500,000-unit auto sales goal slips as EV share rises

Transport & Logistics Context.ph Context.ph -
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPi) said the industry is unlikely to reach this year’s 500,000-unit sales target, as demand continues to soften.

ACMobility bets big on rapid EV shift

Transport & Logistics Context.ph Context.ph -
ACMobility expects electric vehicle (EV) adoption in the Philippines to accelerate far beyond earlier projections, with industry penetration potentially reaching 50 percent by 2030, according to chief executive officer Jaime Alfonso Zobel.

VinFast accelerates Philippines e-scooter rollout via dealers

Transport & Logistics Context.ph Context.ph -
Vietnamese electric vehicle manufacturer VinFast is stepping up its Southeast Asian expansion, moving aggressively into the Philippines’ high-volume motorcycle market through partnerships with 14 local distributors ahead of its planned commercial launch this June.

Philippine auto sales dip as EV demand accelerates

Transport & Logistics Context.ph Context.ph -
Vehicle sales in the Philippines weakened in the first quarter of 2026, even as electrified mobility continued to gain momentum, according to industry data from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).

BYD Philippines ramps up EV push amid demand

Transport & Logistics Context.ph Context.ph -
Electric vehicle (EV) momentum is accelerating in the Philippines, with BYD Philippines doubling down on expansion as it banks on rising consumer interest, stronger sales and a cost-driven value proposition.
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Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Corporate 0
Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Energy & Mining 0
Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

Agriculture 0
The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.

Data-driven lending seen widening credit access for small entrepreneurs

Banking & Insurance 0
Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.

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