EVAP mounts biggest Philippine Electric Vehicle Summit in its 13th edition.
The Philippines is shifting gears toward a cleaner, more sustainable future as both public and private sectors strengthen their collaboration to accelerate electric vehicle (EV) adoption across the country. Backed by the Electric Vehicle Development Act (EVIDA) enacted in 2022, the local EV industry continues to gain momentum—attracting major investments from domestic and international players eager to take part in the country’s green mobility transformation.
Earlier this month, the Board of Investments (BOI) announced that a new Chinese delegation is exploring opportunities to establish local facilities for EV manufacturing and renewable energy equipment production in the Philippines. While details are still under wraps, the project is expected to move forward soon.
Meanwhile, the Department of Energy (DOE) shared that it has received several expressions of interest from private investors eyeing to roll out a nationwide network of 4,000 EV charging stations within the next two to three years.
Global and Local Players Fuel the Growth
In June, Mitsubishi Motors Philippines Corp. revealed plans to invest ₱7 billion over the next five years, aligning its initiatives with the government’s EV and renewable energy agenda. During the same period, the Department of Trade and Industry (DTI) introduced the Electric Vehicle Incentive Strategy (EVIS)—a landmark proposal that could generate ₱11.4 trillion in economic output and create nearly 700,000 jobs across EV assembly, battery production, charging station installation, and maintenance.
The momentum doesn’t stop there. The Asian Development Bank (ADB) has committed $100 million (₱5.84 billion) in financing through a partnership with Ayala Corporation’s ACMobility, one of the country’s leading EV distributors. The funding will support the procurement of new EV units and the installation of additional charging stations nationwide.
Further driving the industry’s progress, Australia’s StB GIGA Factory launched the Philippines’ first EV battery manufacturing facility in New Clark City in September 2024. Designed to produce up to 2 gigawatt-hours of batteries annually by 2030—enough to power 18,000 EVs—the plant marks a major leap in local EV manufacturing and has already attracted new investments into the renewable energy sector.
Paving the Road Ahead
All these developments align with the Comprehensive Roadmap for the Electric Vehicle Industry (CREVI), which aims to establish 7,300 EV charging stations by 2028, and over 20,400 stations by 2040—supporting an estimated 2.5 million EVs on Philippine roads.
“After years of advocating for legislation and national policies to drive the EV sector, we are now at a pivotal moment,” said EVAP President Edmund Araga. “To fully realize our potential, we need reliable charging infrastructure and access to advanced battery technologies. We stand ready to collaborate with both government and private partners to achieve this shared vision.”
Araga added that the growth of the EV sector goes beyond technology—it contributes to nation-building by creating jobs, boosting the economy, reducing emissions, and promoting energy efficiency amid volatile fuel prices.
Charging Toward the Future: PEVS 2025
These developments and more will 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,” PEVS 2025 will showcase cutting-edge EV models, technologies, and sustainability innovations from top global and local brands, including BYD Cars Philippines, Omoda & Jaecoo Motor Philippines Inc., United Asia Automotive Group Inc. (UAAGI), GAC Dangdang, and the Department of Energy (DOE).
“EVAP remains steadfast in its mission to work hand in hand with all stakeholders,” Araga concluded. “Together, we’re driving the Philippines toward a cleaner, smarter, and more sustainable mobility future.”
To learn more or register for free, visit the official summit website at www.pevsummit.com.
