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Electric vehicles Ayala's chance to take on auto sector: unit CEO

Conglomerate wants Philippines to lead Southeast Asia in next-gen cars

Arthur Tan, CEO of AC Industrial Technology Holdings. (Photo by Mario Ignacio IV)

MANILA -- Because no Southeast Asian country has yet developed the infrastructure to support electric vehicles, Philippine conglomerate Ayala can help this country lead the region in that cutting-edge technology, says CEO Arthur Tan of AC Industrial Technology Holdings.

The chief of Ayala's manufacturing unit sat down with the Nikkei Asian Review to discuss the conglomerate's push to expand manufacturing operations. AC Industrials, as the unit is commonly known, helps ensure the rest of the group has the cutting-edge technology it needs, Tan said. Now, the vast resources available to the group, combined with recent acquisitions and partnerships, will support the unit's entry into a field that promises to revolutionize personal transportation.

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