Summary
- EVAP President Edmund Araga is optimistic about the growth of the electric vehicle (EV) sector in the Philippines
- The 12th Philippine EV Summit (PEVS) played a crucial role in advancing EV awareness and adoption in the country
- EVAP is focused on intensifying EV adoption through public awareness campaigns, partnerships, and advocacy for supportive policies
- Policy reinforcement is essential to sustain the upward trajectory of the EV industry in the Philippines
- EVAP aims to create an electric ecosystem that supports long-term sustainability and widespread adoption of EVs in the country
Article
The Electric Vehicle Association of the Philippines (EVAP) has seen significant growth in the electric vehicle (EV) sector in the country. EVAP president Edmund Araga is optimistic about the increasing acceptance of electric automobiles, noting a sharp increase in EV sales, with BYD experiencing an 8,900% year-on-year growth. This growth can be attributed to growing consumer interest, improved charging infrastructure, and supportive government policies. The entry of Tesla into the market further demonstrates the Philippines’ potential as a growing market for EVs.
The 12th Philippine EV Summit (PEVS) served as a catalyst for advancing EV awareness and adoption in the Philippines. It provided a platform for industry stakeholders to showcase new EV models, discuss policy changes, and engage with the public. EVAP sees the summit as instrumental in revitalizing the Philippine car assembly industry through the production of various EVs locally. The organization is committed to intensifying its efforts to promote EV adoption through public awareness campaigns, partnerships with government agencies, and advocacy for EV-friendly policies.
Despite the rapid growth in EV sales, EVAP emphasizes the importance of strengthening the policy framework to ensure continued growth in the industry. The organization calls for sustained government support, long-term policy commitments, and financial investments to drive the electrification of transportation. The Electric Vehicle Industry Development Act (EVIDA) has already catalyzed growth, but further measures such as extending tax exemptions on EV components and expanding subsidies for buyers are needed to support the industry.
Increasing awareness about EVs among Filipino drivers is crucial for boosting adoption rates. AC Mobility Holdings Inc. reported a significant market share in the local New Energy Vehicle (NEV) market, indicating a growing acceptance of EVs. EVAP emphasizes the importance of continuous education and incentives to address concerns about range, charging infrastructure, and upfront costs. By dispelling myths and providing information about the benefits of EVs, the organization aims to make electric mobility a viable choice for consumers in the Philippines.
EVAP is committed to creating an electric ecosystem in the Philippines that supports the long-term sustainability of EVs. The organization collaborates with government agencies, industry partners, and other stakeholders to overcome barriers to EV adoption and make electric vehicles more accessible and appealing to Filipino consumers. By advocating for policy reforms, incentives, and infrastructure development, EVAP aims to drive the electrification of transportation in the country and contribute to a greener, cleaner future for all Filipinos.
Overall, EVAP remains dedicated to advancing the electrification of transportation in the Philippines and achieving the country’s ambitious goals of 50% EV adoption in new vehicle sales by 2040. Through public education, policy advocacy, and industry collaboration, the organization aims to position the Philippines as a leader in sustainable and eco-friendly transportation.EVAP’s efforts are crucial in driving the growth of the EV industry and ensuring that electric mobility becomes a mainstream and sustainable choice for Filipino consumers.
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