China's NEV firm gains popularity in Philippines

STORY: China's NEV firm gains popularity in Philippines DATELINE: Oct. 16, 2023 LENGTH: 00:01:31 LOCATION: Manila CATEGORY: ECONOMY SHOTLIST: 1. various of BYD Philippines 2. various of clients 3. SOUNDBITE 1 (English): MARK ANDREW TIENG, Managing director, BYD Philippines 4. SOUNDBITE 2 (English): ANGELA, Manila resident 5. SOUNDBITE 3 (English): JAI JIREH MABANSAG, Dealer development manager, BYD Philippines STORYLINE: China's NEV giant BYD has gained popularity in the Philippines' market, as the global trend of increasing fuel prices continues to burden consumers. SOUNDBITE 1 (English): MARK ANDREW TIENG, Managing director, BYD Philippines "We're very proud to say that BYD has a very big market share of the electric vehicle sales of the Philippines. We have more than 60 percent market share as of 2022. Because of the fuel prices, a global trend that's going high, going up, Filipinos are looking for alternative energy sources for their cars. The demand will jump very big, very huge. We're ready to impro