IT is official; Ayala Corp. is the new Philippine distributor of BYD, the world leader in hybrid and pure electric vehicles. In a recently concluded media round table discussion, the company presented its partnership with the world leader in new energy vehicles to accelerate the adoption of electric mobility in…
AYALA Corp. has finalized the deal as the new official distributor of BYD vehicles in the Philippines. BYD is a world leader in hybrid and pure electric vehicles, with 30 established industrial parks across six continents. The distribution agreement papers were inked and subsequently disclosed to the Securities and Exchange Commission on Aug. 11, 2023.
Beijing: Chinese new energy vehicle (NEV) makers and battery manufacturers are eyeing overseas production to better explore markets, and South-East Asia sits atop the list of destinations.
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