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Philippines

Vingroup plans USD 500 million EV plant in Philippines, targets Q1 2027 construction start

On October 21, 2026, the Philippines’ Department of Trade and Industry (DTI) announced that the Vietnamese conglomerate Vingroup is preparing a USD 500 million investment in an EV production facility in the Philippines. The plant is designed to start with an annual capacity of 200,000 vehicles, supplying both local b....

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