China EV design firm Launch considering locating in PHL
THE Department of Trade and Industry (DTI) said a Chinese electric vehicle (EV) manufacturer is considering setting up a production facility in the Philippines.
In a statement on Thursday, the DTI said it met with Shanghai Launch Automotive Technology Co., Ltd. (Launch Design) on May 23 to discuss its plans, including a potential investment in a Philippine EV brand.
The talks centered on how Launch Design can help localize the EV supply chain and assembly lines through its design, engineering and small-scale manufacturing capabilities.
“The company underscored its readiness to fortify the Philippines’ emerging EV supply chain,” the DTI said.
Launch Design provides automotive design and technology solutions, covering initial concept planning and design, testing, and mass production. Its portfolio includes 400 vehicle models including passenger cars, commercial vehicles, and new-energy models.
It also holds over 100 automobile patents and has partnered with BYD Auto Co. Ltd., Geely Holding, and Toyota Motor Corp.
“Both parties explored pathways to localize production, strengthen industry linkages, and satisfy the Philippines’ surging demand for green mobility,” the DTI said.
EV sales have steadily grown in the Philippines as oil prices turn volatile, prompting a shift to energy-efficient vehicles.
Meanwhile, the DTI also met with executives from Guodong Group, a Chinese telecommunications provider, to discuss potential digital infrastructure investments.
“The company has identified the Philippines as a primary target for its overseas expansion and is actively engaging with local telecom stakeholders to evaluate potential partnerships and acquisitions,” the department said.
Guodong operates over 50,000 communication towers in China. It also offers smart-city solutions and interconnected technologies. — Beatriz Marie D. Cruz
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