PH Electric Vehicle Sector Charges Ahead, Ignites the EVolution as EV Adoption Gears Up
The Electric Vehicle Association of the Philippines (EVAP) maintains its confidence that the country's electric vehicle (EV) sector would continue to gear up towards more sustainable, innovative, and transformative mobility for more Filipinos. During the pre-event press conference of the 13th Philippine Electric Vehicle Summit (PEVS) held in Bonifacio Global City in Taguig City on August 27th, EVAP President Edmund Araga said he is expecting EV adoption in the country to further rise amid supportive government policies, consistent volatility in petrol costs, and the entry of more players. "It is high time to shift to EV. There are currently more choices when it comes to EV models and brands," he said. Actual sales of 4-wheeled EVs almost tripled in 2024 to 3,880 units from 1,028 units sold in 2023—a 277.5 percent spike, based on EV stakeholders’ submission compiled and released by the Department of Energy (DOE) and EVAP. Of the three categories of EVs, battery electric vehicles (BEVs)
READ MORE...