BDO Unibank helps drive electric mobility

BDO Unibank Inc. said it strengthens its commitment to a sustainable future as it continues to finance projects that benefit the environment and present opportunities for economic growth.

The bank said it realizes the significance of supporting eco-friendly initiatives such as renewable energy, clean transportation, pollution prevention and control and electric vehicles to reduce greenhouse gas emissions.

PGA Cars, the sole importer and dealer of luxury brands Porsche, Audi, Lamborghini and Bentley in the Philippines, takes the lead in introducing sustainable and cleaner transport solutions in the country by bringing in the fully electric Porsche Taycan and Audi e-tron range.

“Within five years, we expect that half of our new car sales will be fully electric as the technology improves further and consumers gain even more confidence in our products. PGA Cars’ transition to electromobility will spur more EV-related infrastructure from both the private and public sectors,” said PGA Cars chairman Roberto Coyiuto III.

BDO said it continues to provide needed support to sustainable companies as it enhances its relationship to help the business and protect the planet. The bank said it is committed in creating a positive impact and making a difference in the community, and the bank’s financial support to green vehicles helps drive progress, create jobs and achieve inclusive and sustainable economic growth.