CleanTechnica•about 1 month ago
Why Philippine Multi-Brand Distributor’s 6 Brands Are Its Electric Future
- •Philippine multi-brand distributor UAAGI is making a strategic bet on the widespread adoption of electric vehicles (EVs) across 6 brands, indicating a significant market shift towards electrification.
- •The company's focus on diverse EV options tailored to 'specific needs and budgets' suggests a broad market penetration strategy, which will drive substantial increases in electricity demand for charging infrastructure.
- •This move highlights the growing EV market in the Philippines, signaling potential opportunities for power developers and IPPs to meet future energy demand and for large power consumers to consider fleet electrification.
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