The Philippines Accelerates Toward Greener Mobility
Pasay City — The Philippines is shifting into high gear toward sustainable mobility as both the public and private sectors intensify efforts to promote electric vehicle (EV) adoption nationwide. Thanks to the Electric Vehicle Development Act (EVIDA), enacted in 2022, the local EV ecosystem continues to attract strong investments from both domestic and international players.
Recently, the Board of Investments (BOI) revealed that a new Chinese delegation is exploring potential investments to establish local EV and renewable energy manufacturing facilities. While details remain under wraps, the agency expressed optimism that the deal will soon push through.
Simultaneously, the Department of Energy (DOE) reported receiving interest from private investors planning to install around 4,000 EV charging stations (EVCS) across the Philippines within the next two to three years—a major step toward addressing the country’s charging infrastructure gap.
Billions in New Investments Power the Local EV Push
Big automotive names are also doubling down on the EV transition. In June, Mitsubishi Motors Philippines announced a ₱7-billion investment over the next five years, aligning with the government’s clean energy and EV agenda.
That same month, the Department of Trade and Industry (DTI) introduced the Electric Vehicle Incentive Strategy (EVIS), a policy framework projected to generate ₱11.4 trillion in economic output and create nearly 700,000 jobs in EV manufacturing, battery production, and maintenance services once approved.
ADB and Ayala Team Up to Expand EV Charging Network
Further fueling the momentum, the Asian Development Bank (ADB) and Ayala Corporation—through ACMobility—announced a $100-million (₱5.8-billion) funding agreement to boost EV adoption. The financing will be used to procure additional charging stations and expand Ayala’s EV fleet for commercial use.
Meanwhile, Australia’s StB GIGA Factory opened the country’s first-ever EV battery plant in New Clark City in September 2024. The facility aims to produce 2 gigawatt-hours of batteries annually by 2030, enough to power up to 18,000 EVs each year, with a portion set for export. This milestone is expected to attract even more investors to the Philippines’ growing renewable and EV industries.
Long-Term Goals Under the Comprehensive EV Roadmap
All these initiatives align with the government’s Comprehensive Roadmap for the Electric Vehicle Industry (CREVI), which aims to deploy 7,300 EV charging stations by 2028 and over 20,400 by 2040—supporting a projected 2.5 million EVs on Philippine roads by then.
According to EVAP President Edmund Araga, this period marks a critical phase for the local EV industry. “EVs require a strong and reliable charging infrastructure. At the same time, we need to lead in developing more efficient and accessible battery technologies,” Araga said.
He added that EVAP continues to champion collaborations with government agencies and private investors to drive growth, create jobs, and improve national mobility while promoting a cleaner environment.
PEVS 2025: “Charge Ahead, Ignite the EVolution”
These developments take center stage at the 13th Philippine Electric Vehicle Summit (PEVS), happening from October 23 to 25, 2025, at the SMX Convention Center Manila.
With the theme “Charge Ahead, Ignite the EVolution,” the summit will showcase the latest EV technologies, innovations, and models from leading brands such as BYD Cars Philippines, Omoda & Jaecoo Motor Philippines Inc., UAAGI, GAC Dangdang, and the Department of Energy (DOE).