In a significant step towards sustainability, BYD Cars Philippines officially joins the ACMobility ACRE Movement. The partnership was solidified today with a signing ceremony between Ayala Land Incorporated and BYD Cars Philippines executives. As part of the ACRE Movement’s Gift of Tree program, ALI’s carbon forest partners will plant and nurture one tree for every BYD vehicle sold starting this July.
The ACMobility ACRE Movement is committed to environmental stewardship and the restoration of Ayala Land Inc.’s carbon forests. With the increasing sales of BYD Cars Philippines and other ACMobility automotive brands, the tree-planting initiative is set to expand significantly.
The Push for Global No. 1
BYD is a global leader in new energy vehicles (NEVs) and is on track to become the third-largest automotive brand worldwide in 2024, based on market capitalization. The company has been a dominant player in its home market, holding the number one spot for nine consecutive years.
In the fourth quarter of 2023, BYD achieved the top position in the global EV market. In 2023 alone, BYD produced over 3 million vehicles, with 1.6 million being battery-only passenger cars and the remaining 1.4 million being extended-range EVs. These production milestones bring BYD closer to its goal of becoming the global leader in electric vehicles and the top EV brand in the Philippines.
“BYD continuously aims to reinforce its sustainability brand pillar via meaningful community endeavors that engage with its customers,” said Toti Zara, Head of Automotive Retail Distribution of ACMobility.
“At the heart of BYD Cars Philippines and ACMobility is changing the way you move by driving sustainability and embracing social responsibility. ACMobility’s distributorship of BYD allows it to enjoy the unique advantages of Ayala Corporation’s sustainability efforts. Through this partnership with Ayala Land, we are also introducing to our customers the value of sustainability that validates their decision to purchase a BYD,” added Zara.
Robert S. Lao, Chief Sustainability Officer of Ayala Land, emphasized the alignment of this partnership with Ayala Land’s eco-efficiency and sustainability goals. “As the country’s leading real estate developer, Ayala Land is committed to creating sustainable communities where people can thrive. Partnering with ACMobility and BYD aligns with our vision of eco-efficiency and sustainability. We have dedicated 784 hectares across seven sites from our land bank as carbon forests. These sites absorb carbon dioxide and help remove greenhouse gas emissions from the atmosphere. BYD, with its zero-tailpipe emission lineup of electric vehicles, matches our goals, and we are proud to be their partner in driving sustainable mobility,” said Lao.
For more information about BYD and its vehicles, please visit the BYD Cars Philippines website at http://www.bydcarsphilippines.com.
