US firm, Ayala group strike $65-M deal to manufacture e-motorcycles in PH

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US firm, Ayala group strike $65-M deal to manufacture e-motorcycles in PH
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Ayala-led Integrated Micro-Electronics Inc. has inked a deal with California-based Zero Motorcycles for the Philippines’ first e-motorcycle manufacturing site.

The signing of the agreement was witnessed by President Ferdinand Marcos Jr. on Monday, the second day of his five-day working visit to the US.

The partnership is expected to create jobs for 200 workers for the business’ assembly line—from manufacturing, packing, and shipping.

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