[MANILA] The Philippines is courting its most consequential automotive investment in decades from two of Asia’s most prominent electric-vehicle makers. Vingroup, the Vietnamese conglomerate behind VinFast, and Mitsubishi Motors Philippines are gauging whether Manila’s EV incentives offer enough certainty to justify building or expanding factories in a market where demand is rising faster than local manufacturing capacity. Vingroup is planning a US$500 million production hub south of Manila, while Mitsubishi is weighing an investment of seven billion pesos (US$374.5 million) to assemble hybrid vehicles at its existing plant in the region.   https://www.businesstimes.com.sg/international/asean/vinfast-mitsubishi-weigh-philippine-ev-production-state-incentives-near (ICE SINGAPORE)

Fonte notizia: The Business Times, 28 October 2026