11/08/2023
: Ayala Corporation has finalized the deal to be the official Philippine distributor of BYD Global, the world leader in hybrid and pure electric vehicles.
AC Motors head Jaime Alfonso Zobel de Ayala said, “this partnership between one of the largest multi-brand automotive groups in the Philippines and the world's leading EV brand is a cornerstone of the group’s goal of accelerating the future of mobility in the country.”
“Our long-term vision is for AC Motors to become the leading platform for EVs and other new energy vehicles in the Philippines. This includes building up BYD to become a key brand in the Philippine market, with leading share among EV brands and meaningful presence in the automotive market as a whole,” he added.
Ayala has been prioritizing the electric mobility vehicles as the enabler of Ayala’s ecosystem. The group is uniquely positioned to provide long-term value to EV customers, given its assets in renewable power generation, automotive distribution and dealerships, property development and management, manufacturing, financing and insurance, and digital connectivity—all of which are critical components of the EV ecosystem.
(From Left to Right: Jaime Alfonso Zobel de Ayala, Head of AC Motors Group; Cezar Consing, President & CEO of Ayala Corporation; Mr. Liu Xueliang, General Manager of BYD Asia Pacific Auto Sales Division and President of BYD Japan; and Mr. James Ng, Managing Director of BYD Philippines and Singapore.)
