Tag: EV

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Nissan charts cautious road to electrification

As the Philippine auto market inches toward electrification, Nissan Philippines Inc. (NPI) is opting for a calibrated transition—scaling up electrified offerings while keeping internal combustion engine (ICE) vehicles firmly in its lineup to match current market and infrastructure realities.

Ayala, DOT power tourism’s electric shift

Ayala-led mobility companies have teamed up with the Department of Tourism (DOT) to plug electric vehicles into the country’s tourism roadmap, rolling out a nationwide campaign that blends greener transport with destination development.

Toyota Philippines accelerates electrification with multi-pathway gains

Toyota Motor Philippines Corporation (TMP) posted a strong 45-percent surge in electrified vehicle (xEV) sales from January to November 2025, signaling growing acceptance of its multi-pathway approach to cleaner mobility. 

Toyota rolls out battery EV for Philippine main stream market

Toyota Motor Philippines (TMP) has officially switched on its full-electric era with the December 11 rollout of the all-new bZ4X, the company’s first Battery Electric Vehicle (BEV) under the Toyota brand—and the clearest signal yet that the country’s No. 1 automaker is ready to push EVs into the Filipino mainstream.

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Gov’t pushes to strip systems loss charges from power bills, balancing consumer relief and utility risks 

Energy policy craftsmen are actively working to fulfill President Ferdinand Marcos Jr.’s directive to eliminate system loss charges from monthly electricity bills, pursuing a sustained policy push aimed at lowering energy costs across the country. The initiative targets both technical losses inherent in power distribution and non-technical losses caused by electricity theft, alongside the value-added tax (VAT) currently applied to these unconsumed kilowatt-hours.

ACEN net income surges 411% to P3.9B in H1 2026

ACEN Corp. posted a 411 percent jump in consolidated net income to P3.9 billion in the first half of 2026, from P763 million a year earlier, the Ayala Group energy firm said Tuesday.

Special safeguard duty imposed to protect local producers from import surges 

To shield domestic livestock producers from market disruption caused by foreign supply spikes, the Department of Agriculture has activated special safeguard duties on select imported meat products. Issued under Department Order No. 24, series of 2026, by Agriculture Secretary Francisco Tiu Laurel Jr., the directive establishes temporary protective tariffs after government monitoring confirmed that incoming import volumes crossed official safety thresholds.

Jollibee first-half net income drops 17% despite strong 2Q rebound

Jollibee Foods Corp. reported a 17 percent decline in first-semester net income this year, falling to P4.92 billion from P5.91 billion in the same period last year, even as a solid second-quarter performance could not offset earlier pressures.

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