Pasay City, Philippines – October 24, 2024 – The biggest electric vehicle (EV) event in the Philippines, the 12th Philippine Electric Vehicle Summit, kicked off today at the SMX Convention Center in Pasay City. The three-day summit, themed “Spark Change, Drive Electric,” brings together industry leaders, government officials, and enthusiasts to accelerate the adoption of electric vehicles in the country.
Edmund Araga, President of the Electric Vehicle Association of the Philippines (EVAP), emphasized the summit’s role in promoting a transformative shift towards electric transportation. “This event aims to spark a movement and drive change towards a more sustainable future,” Araga said.
Government Support and Industry Progress
Ronnie Aperocho, Executive Vice President and Chief Operating Officer of Manila Electric Company (Meralco), emphasized the company’s efforts in electrifying its fleet and expanding charging infrastructure. He highlighted the importance of collaboration between the government and private sector in driving the adoption of EVs.
Raphael Lotilla, Secretary of the Department of Energy, reiterated the government’s commitment to supporting the EV industry. He emphasized the role of government policies and incentives in creating a conducive environment for the growth of EVs. Lotilla also highlighted the potential of the Philippines to become a regional hub for EV manufacturing and assembly.
Key Challenges and Opportunities
Despite the positive strides made, the EV industry in the Philippines still faces several challenges. One of the primary concerns is the limited availability of charging infrastructure, which can hinder the adoption of EVs for long-distance travel. Addressing this issue will be crucial for the widespread adoption of EVs.
Another challenge is the relatively high cost of EVs compared to traditional vehicles. However, with advancements in technology and economies of scale, EV prices are expected to decrease over time, making them more accessible to a wider range of consumers.
On the other hand, the EV industry also presents numerous opportunities. The Philippines has the potential to become a regional hub for EV manufacturing and assembly, leveraging its skilled workforce and strategic location. Additionally, the country’s rich mineral resources can support the production of batteries and other components for EVs.
The Future of EVs in the Philippines
As Hon. Albert Garcia, Representative, Bataan 2nd District, House of Representatives, noted, “The shift to electric vehicles is a paradigm shift that can lead to a more sustainable future.” He emphasized the need for government support and private sector investment to drive the adoption of EVs.
Robert Borje, Vice Chairperson and Executive Director, Climate Change Commission, highlighted the importance of EVs in reducing greenhouse gas emissions and mitigating the impacts of climate change. He emphasized the need for a comprehensive approach that includes investments in charging infrastructure, renewable energy, and public transportation.
Ceferino Rodolfo, Undersecretary for the Industry Development and Investment Promotions Group of the Department of Trade and Industry and Vice Chairman and Managing Head of the Board of Investments, emphasized the Philippines’ potential to become a major player in the global EV supply chain. He highlighted the government’s efforts to attract investments and develop the necessary infrastructure to support the industry’s growth.
Frederick Go, Special Assistant to the Philippines for Investment and Economic Affairs, emphasized the economic opportunities presented by the EV industry. He highlighted the potential for job creation, technology development, and enhanced competitiveness.
The 12th PEVS showcased the growing momentum of the EV industry in the Philippines. With strong government support, industry investment, and technological advancements, the country is well-positioned to capitalize on the global shift towards electric mobility. The future of EVs in the Philippines is promising, offering opportunities for sustainable development, economic growth, and reduced carbon emissions.
Further reading:
12 Best Reasons to Go to the 12th PH Electric Vehicle Summit
Get to see and feel the real deal as BYD Cars Philippines opens first experience hub in the Philippines
“Spark Change, Drive Electric” is the 12th EV Summit happening on October 24 to 26 at the SMX Convention Center
Philippine Electric Vehicle Summit focuses on Electric Vehicles and battery supply chain for wider adoption
ASEAN Center for Energy, Asian Federation of EV Associations Policy Dialogue at the EVAP Summit
EVAP, Dept of Energy, and EV partners ser milestone in the 1st eco-run 2021