PHILIPPINES PROJECTED TO SEE SURGE IN ELECTRIC VEHICLE ADOPTION

A global report by the International Energy Agency projects that electric vehicles (EVs) could account for around 45 percent of car sales in the Philippines by 2035. 

The report said stronger government policies and incentives could significantly accelerate EV adoption in the country. 

However, it also noted that affordability remains a key barrier slowing the wider shift to electric mobility. 

Despite these challenges, the outlook suggests steady growth in the EV sector over the next decade. 

The projection highlights the Philippines’ potential transition toward cleaner and more sustainable transportation.

Source: PhilNews24 | May 26, 2026

Leave a Reply

Your email address will not be published.

Previous Story

JODI STA. MARIA SHOWS REAL-LIFE SIDE IN NEW CULINARY REALITY SERIES

Next Story

NBI SEEKS DOJ SUMMONS FOR PADILLA OVER DELA ROSA DISAPPEARANCE

Latest from Business

© 2023 All Rights Reserved. Web Develop by SEO Philippines