BDO supports PGA Cars' EV program


BDO Unibank is strengthening its commitment to sustainability by financing projects that benefit the environment including the introduction of the electric vehicles (EV) by importers such as PGA Cars.

“As a key driver in helping propel the economy, the Bank realizes the significance of supporting eco-friendly initiatives such as renewable energy, clean transportation, pollution prevention and control and EV to reduce greenhouse gas emissions,” the bank said in a statement.

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.

These EV models are accompanied by significant investments in infrastructure and manpower development, as well as partnerships with organizations which share the company’s values on Environmental, Social and Governance (ESG).

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PGA Cars’ FutureNow sustainable mobility program reflects and is in lockstep with the goals of the company’s partner brands, and thereby serves as a declaration of PGA Cars’ full commitment to a carbon neutral future.

“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,” said PGA Cars Chairman Roberto Coyiuto III.

He added that, “PGA Cars’ transition to electromobility will spur more EV-related infrastructure from both the private and public sectors.”

PGA Cars provides every Porsche Taycan and Audi e-tron a home charging solution, as well as a portable charging device in the car. All these are inclusive with the purchase of the vehicles.

Plus, all PGA Cars dealerships have charging stations which customers can use for free.

These are further complemented by an ever-growing network of public charging facilities, like those which SM Supermalls has pioneered and continue to roll out.

As BDO embraces a green future, the Bank continues to provide needed support to sustainable companies as it enhances its relationship to help the business and protect our planet.

BDO Unibank 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.