MANILA -- The Asian Development Bank will provide a financing package of up to $100 million to Ayala under an agreement announced Monday to support the shift to electric vehicles in the Philippines.
Electric vehicles
Philippines' Ayala lands $100m in financing from ADB for EV push
Conglomerate to expand charging network and commercial fleet
ACMobility, a member of the Ayala group, is adding new EV charging stations. (Photo by Yuki Fujita)
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