Tag Archives: philippines

Tesla Coming to Southeast Asia, First Stop Philippines

Tesla is currently expanding significantly its presence in Asia ahead of the start of Model 3 production. The company has a growing presence in China and Japan since 2014, but in 2016, the automaker also expanded in Taiwan and South Korea. The company has been eyeing a few other markets for expansions in the region, like Singapore and Malaysia, but

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Meet the Engineer Behind Philippines Genius EV

Adonis Lagangan the founder of Clima Mobility built the first Electric vehicle in Phillipines without financial aid from financial capitalists, foreign partners or the government. Driven by intense passion to produce environmental friendly and energy efficient vehicles, he produced the prototype of an electric compact vehicle that will be ideal for commuting and reduce polution in the cities of Philippines.

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Philippines’ Ayala JV Foreign Partner to Produce Autonomous Vehicles

MANILA — Ayala Corp. is prepared to invest up to $100 million to kick-start its effort to make the Philippines a Southeast Asian hub for the manufacture of self-driving cars. That amount represents its 50% initial share in a joint venture planned with a foreign carmaker. The Philippine conglomerate is in talks with “more than three” companies, said Ayala unit

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Pokemon Go Worsen Traffic Congestion for Metro Manila

Pokemon Go trainers hit the streets to track down lures not walking but riding or driving aggravates the traffic congestions of Manila. A congressman has blamed Pokemon Go players for worsening the already horrendous traffic situation in Metro Manila. In a statement on Tuesday, Albay Rep. Joey Salceda lamented the blame placed on provincial buses for the heavy vehicular traffic in

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Philippines July 2016 Auto Sales Posts 22 percent growth

The Philippine Automotive Industry has set a new sales record for the month of July. In a report issued by the joint Marketing Committee of the Chamber of Automotive Manufacturers of the Philippines, Inc. (“CAMPI”) and Truck Manufacturers Association (“TMA”), sales for the month of July reached 29,967 units. Last month’s performance is 22 percent higher than July 2015 which

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ASEAN Vehicle Sales Jump 11% in Q2

New vehicle sales in South-east Asia’s six largest markets rose by 10.6% to 781,162 units in the second quarter of 2016, from 706,532 units in the same period of last year, according to data collected exclusively for just-auto by AsiaMotorBusiness.com. This follows a 3.6% decline in the first-quarter of the year, resulting in a 3.2% rise in cumulative first-half sales to

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Philippines Suspends new Uber, Grab Vehicle Registrations as Backlog Mounts

The Philippines has stopped accepting applications for new ride-sharing vehicles of Uber and Grab due to a backlog amid a government review of its policies on fare spikes, a senior official said on July 22. Applications have ballooned to record highs, with 29,000 pending, 23,000 of which were for Uber and the rest divided between Grab and u-Hop, she said.

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MVP BMW investment in the Philippines

The Philippine auto industry is set to continue its blistering growth, with sales forecast to rise 25 to 30 percent in 2016 from the previous year. With that, business groups are finding the sector an attractive investment. Toyota Motor Philippines, part of George Ty’s Metrobank group, and Mitsubishi Motor Philippines have signified their interest in the government’s Comprehensive Automotive Resurgence

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