Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

BYD eyes 77 dealerships by yearend

ACMobility subsidiary BYD Cars Philippines is planning to increase its dealership network to 77 by yearend. 

“We are excited to see the continued growth of BYD in the Philippines as it expands its presence across the nation,” said Bob Anthony Y. Palanca, managing director at BYD Cars Philippines, in a statement on Wednesday. 

“Both ACMobility and BYD are committed to empowering Filipinos by providing access to innovative transportation solutions that support a sustainable, forward-thinking future,” he added. 

According to the company, it has already opened nine new dealerships this year in Metro Manila, Southern Luzon, Visayas, and Mindanao. 

“These new dealership openings are part of the 77 confirmed locations nationwide BYD will be present in by the end of 2025, making its growing New Energy Vehicle lineup even more accessible to many Filipinos,” the company said.  

From January to April, the company opened BYD Commonwealth, BYD Fairview, BYD Batangas, BYD Chinatown, BYD Alabang, BYD Iloilo, BYD Manila Bay, BYD Negros Occidental, and BYD Cagayan de Oro. 

Apart from the newly opened dealerships, the company said that it has also broken ground for three new locations this year. These are located in Baliwag, Carmona, and Dasmariñas. 

The recent openings brought BYD’s total number of active dealerships in the Philippines to 29. 

“We’re incredibly excited to open these new dealerships across the Philippines and bring the BYD brand closer to more Filipinos nationwide,” said Mr. Palanca.  

“This expansion allows us to showcase our innovative electric and hybrid vehicles to more regions, offering customers nationwide more opportunities to switch to electrified mobility,” he added.  

In 2024, BYD Cars Philippines sold 4,780 passenger vehicles, representing an 8,900% growth from 2023 and an 82% share in the new energy vehicle market. — Justine Irish DP. Tabile

    You May Also Like

    Stock Markets

    PHILIPPINE STAR/EHDA M. DAGOOC CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has set its initial public offering (IPO) price at 31 centavos...

    Stock Markets

    DE LA SALLE Lady Spikers vs Ateneo Blue Eagles — UAAP/JOAQUI FLORES Games on Wednesday(Filoil EcoOil Centre)9 a.m. – La Salle vs Ateneo (men)11...

    Stock Markets

    BW FILE PHOTO THE GOVERNMENT made a full award of the Treasury bonds (T-bonds) it offered on Tuesday at a higher average rate amid...

    Stock Markets

    Fishermen took advantage of the warm weather on Sunday in Noveleta Cavite to dry fish for sale in the market. — PHILIPPINE STAR/RYAN BALDEMOR...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.