Tag: Toyota

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Philippine automakers plot decade-long shift to EVs

The Philippines’ top automotive assemblers are aligning behind a phased, decade-long transition to electric mobility, backing the government’s goal of making electric vehicles account for 50 percent of the country’s vehicle fleet by 2040 under the Comprehensive Roadmap for the Electric Vehicle Industry.

PH dismantler gears up for EV battery era

En Tsumugi ELV Dismantler Corp., the Philippines’ Toyota-endorsed end-of-life vehicle (ELV) facility, is ramping up its ability to handle electrified vehicles (xEVs) after completing specialized training in high-voltage battery dismantling.

Toyota flags scale, flexibility concerns after RACE axed 

The decision to scrap the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program has drawn a measured response from Toyota Motor Philippines Corp. (TMP), the country’s largest vehicle assembler, which had been preparing for the initiative’s rollout as early as last year.

Toyota Philippines profit hits record on EV push 

Toyota Motor Philippines (TMP) booked a record P19 billion net income in 2025, up 18.9 percent from P16.03 billion a year earlier, parent GT Capital Holdings reported, as strong vehicle demand and an expanding electrified lineup lifted results.

GT Capital earnings rise on strong core units

GT Capital Holdings, Inc. posted a 17 percent increase in consolidated net income to P33.68 billion in 2025, driven by solid contributions from its...

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Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.

The living dead of payday

In high school, our mentors taught us noun declensions, Caesar’s campaigns in Gaul and four-part harmony. Somewhere between Latin and music, we also acquired the comforting belief that we were neither rich nor poor. With P50 in our pockets, we could go places and still come home with change. Life was a picnic. We did not realize the picnic had an expiry date.

From OFW to MICHELIN awardee

The road to a MICHELIN award does not always pass through a famous culinary school. Sometimes, it begins with an overseas job, a stint aboard a ship, and years spent building a career far from home.

Perpetual Help hospital eyes upgrades as healthcare demand grows

A growing population means more patients at the hospital door, and Perpetual Help Medical Center–Las Piñas (PHMC-LP) is looking to expand its capabilities as healthcare demand rises across southern Metro Manila.

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