Reported on March 22, 2024, Ayala Group and Bosch are jointly observing new opportunities to strengthen their partnership in the Philippines.
During the Philippine-German business forum recently held in Berlin, Ayala’s industrial technologies group, AC Industrials, inked a memorandum of understanding with Bosch Philippines to explore new business opportunities in various industries, including mobility solutions, manufacturing, energy and healthcare, among others.
In 2023, ACMobility, Ayala’s mobility division, entered into a strategic partnership with Bosch to incorporate integrated vehicle technology in its aftersales operations. ACMobility and Bosch plan to open 20 new outlets in the Philippines in 2024, then expanded to up to 60 outlets over the next 5 years.
Bosch also supports ACMobility’s goal of building the first and the largest EV platform in the Philippines.