EV adoption

Executives from the Ayala AC Mobility Group and the Asian Development Bank at the signing of the $100 investment. Photo courtesy of ADB.

EV Ecosystem in the Philippines Boosted By $100M Support from Asian Development Bank

Country’s biggest conglomerate, the Ayala Group, gets to manage the financing package The Asian Development Bank (ADB) has signed a financing package of up to PhP583 billion ($100 million) to support Ayala Corporation’s efforts in developing an electric mobility ecosystem in the Philippines. This funding will be used to procure … [continued]

My neighbor’s 2023 Tesla Model X. Lindon, Utah. December 17, 2023. Photo courtesy of owner.

EV Penetration in My Utah Neighborhood

Those of us who follow electric vehicle sales know that fully electric vehicles accounted for more than 80% of Norway’s auto sales in 2023, and that 100% electric vehicles already make up more than 24% of the total fleet there. We also know that in China, which has about half … [continued]