Bosch Solidifies Collaboration with Ayala Group's Mobility Arm

• Both AC Industrials and Bosch aim to explore business collaborations in mobility and industrial sectors.
• AC Industrials, a subsidiary of Ayala Corporation, manages a portfolio focused on industrial technologies, including Integrated Micro-Electronics, Inc. (IMI) and ACMobility.
• Representatives of the two companies were present in a Business Forum held in Berlin, Germany

Berlin, Germany - Vijay Ratnaparkhe, Regional President for Bosch in Southeast Asia, and Jaime Alfonso Zobel de Ayala, CEO of ACMobility and co-CEO of AC Industrials, together solidified the Ayala group's partnership with Bosch Philippines at the Philippine-German Business Forum held in Berlin last week.

AC Industrials and Bosch Philippines signed an agreement that seeks to explore new business opportunities for the mutual benefit of both parties and development of the Philippines market. The groups intend to explore potential business activities in various industries, including mobility solutions, manufacturing, energy, and healthcare, among others.

The agreement was witnessed by Philippines President Ferdinand R. Marcos Jr.

Zobel emphasized how Bosch supports ACMobility's goal of building the first and the largest EV platform in the Philippines. "We're really excited to expand our synergies with Bosch. As we see the EV transformation happen in the country, we're really excited to explore more ways to continue working with our partners as well as sharing expertise and innovative practices," he said. Ratnaparkhe said in a statement,” Bosch collaborates with strong Filipino key partners such as Ayala. We try to contribute to our partners’ success.”

Last year, Ayala's mobility arm ACMobility entered a strategic partnership with Bosch to incorporate integrated vehicle technology in its aftersales operations. Bosch Car Service will offer mechanical repairs to intricate electronics, engine systems, safety features, comfort upgrades, transmission expertise, and a host of other services and diagnostics.