EV Ecosystem in the Philippines Boosted By $100M Support from Asian Development Bank

Country’s biggest conglomerate, the Ayala Group, gets to manage the financing package The Asian Development Bank (ADB) has signed a financing package of up to PhP583 billion ($100 million) to support Ayala Corporation’s efforts in developing an electric mobility ecosystem in the Philippines. This funding will be used to procure ... [continued] The post EV Ecosystem in the Philippines Boosted By $100M Support from Asian Development Bank appeared first on CleanTechnica.

Jan 30, 2025 - 11:30
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EV Ecosystem in the Philippines Boosted By $100M Support from Asian Development Bank

Country’s biggest conglomerate, the Ayala Group, gets to manage the financing package The Asian Development Bank (ADB) has signed a financing package of up to PhP583 billion ($100 million) to support Ayala Corporation’s efforts in developing an electric mobility ecosystem in the Philippines. This funding will be used to procure ... [continued]

The post EV Ecosystem in the Philippines Boosted By $100M Support from Asian Development Bank appeared first on CleanTechnica.

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