MANILA -- Philippine conglomerate Ayala Corp. has entered an agreement to sell Chinese automaker BYD's electric vehicles in its home market, as it seeks to expand the country's nascent EV market.
Automobiles
China's BYD strikes deal with Ayala to sell EVs in Philippines
Move presents challenge to Japanese automakers' market command
Ayala will use its sales network to sell BYD electric vehicles in the Philippines. © Reuters
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