Biz Group Cheers Marcos Signal that EVs Are ‘New Norm’

Biz group cheers Marcos signal that EVs are ‘new norm’

MANILA, Philippines — An alliance of electric vehicle (EV) industry groups welcomed President Marcos’ support for transport electrification in his fifth State of the Nation Address (Sona). “The announcement of President (Marcos) is a clear statement that EVs are now the new norm in the automotive industry,” Edmund Araga, president of the Asian Federation of Electric

Marcos wants 50% EVs by 2040, but BYD says infrastructure must come first

The local unit of Chinese automotive giant BYD wants the government to strengthen its support for the electric vehicle (xEV) industry following President Marcos’ push during his recent State of the Nation Address (SONA).“The President is encouraging the market, so that's a positive feedback for us, who’s in the NEV (new energy vehicle) sector,” BYD Cars Philippines Managing Director Bob Palanca said during the sidelines of the company’s vehicle …

21Motoring Expands Its Digital Automotive Coverage with a Focus on Global Mobility, EVs, and Industry Insights

21Motoring, an independent automotive media platform, continues to strengthen its position as a trusted destination for automotive enthusiasts by expanding its editorial coverage across the rapidly evolving mobility industry. Since its launch in 2020, the publication [...] The post 21Motoring Expands Its Digital Automotive Coverage with a Focus on Global Mobility, EVs, and Industry Insights appeared first on Business News This Week.