CleanTechnica•about 1 month ago
Denza Begins Philippine Operations as Premium Electrified Segment Expands
- •BYD's luxury EV brand, Denza, has launched operations in the Philippines, signaling a significant expansion of the premium electric and plug-in hybrid vehicle market.
- •This growth indicates a future increase in electricity demand, particularly for charging infrastructure, which will impact grid load profiles and potentially peak demand.
- •The expanding EV market presents opportunities for power developers in building charging infrastructure and for large power consumers to explore demand-side management or vehicle-to-grid (V2G) solutions.
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