CarBEV signs strategic MoU with VinFast, establishing a national EV ecosystem for the Philippines

CBEV Transport Technology, Inc.

(CarBEV), a key player in the Philippines’ electric fleet and sustainable mobility sector, has signed a strategic Memorandum of Understanding (MoU) with global electric vehicle manufacturer VinFast at VinFast’s headquarters in Hanoi, Vietnam. The

agreement formalizes the framework for a 2026 partnership aimed at accelerating the development of a fully integrated electric mobility ecosystem across the Philippines. The

collaboration marks one of the most significant cross-border partnerships in the region’s evolving EV landscape, bringing together CarBEV’s local market expertise and fleet solutions with VinFast’s global manufacturing and technology capabilities. Through th

is partnership, both parties seek to support the country’s transition to sustainable transportation while strengthening the foundation for nationwide EV adoption. The MoU sign

ing was witnessed by members of the Philippine delegation, including Department of Trade and Industry (DTI) Undersecretary Winston “Winnie” Castelo, Chairman of the Board of the Philippine Pharma Procurement, Inc. (PPPI); Atty. Zo

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r Land Transportation Franchising and Regulatory Board (LTFRB) spokesperson; and retired Lt. Gen. Greg Almero

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derscoring the partnership’s national and strategic importance. Beyond its mobilit