Philippines enters SE Asia's EV race with $1b manufacturing subsidy

Philippines enters SE Asia's EV race with $1b manufacturing subsidy

An electric car is charged at a roadside EV charge point, London, October 19, 2021. REUTERS/Toby Melville

Ramon Royandoyan

03 August, 2026

BYD Electric Vehicle Incentive Strategy EV Mitsubishi Motors Philippines

Printed by Unregistered user on Mon, 03 Aug 2026 03:11:31 GMT

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Subscribe to Newsletter

You may also like

Holcim to sell Philippines unit to China's Huaxin for $807m

Atome Philippines secures $81m loan from AUB

Read more from Philippines

MariBank Philippines’ upgrade to a digital bank underscores local fintechs’ big ambitions

SE Asia’s resurgent IPO market raises hopes of private equity payouts