PH conglomerate Ayala secures $100m from ADB to expand EV ecosystem

PH conglomerate Ayala secures $100m from ADB to expand EV ecosystem

Photo by Andrew Roberts on Unsplash

Philippines-listed conglomerate Ayala Corp has secured up to $100 million in financing from the Asian Development Bank (ADB) to further develop the electric mobility ecosystem in the country, according to an announcement.

Edited by: Pramod Mathew

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