BYD has quietly raised prices on several vehicle models in the Philippines, according to a report from Gulf News. The price adjustments come as demand for electric vehicles continues to grow in the country.
Specific price increases vary by model, with some seeing increases of up to PHP 100,000. The move reflects strong consumer interest and supply chain pressures.
The price hike signals BYD's confidence in the Philippine EV market, which has seen increasing adoption. The company continues to expand its local presence.