With nearly everything going digital, the Philippine transport industry is also gradually gearing up for a significant shift to electric vehicles (EV).
Several public or private entities have been leveraging the motion to make EVs become a thing amid this digitally-driven world. But would this phase be applicable in the Philippines under the new normal?
The Department of Trade and Industry (DTI) seemed to say it’s likely a yes. DTI recently announced its goal to put forward EVs in the country through several investments and projects.
One of these is establishing a regional hub for the manufacturing of EV components, banking on the country’s key strengths in the global EV industry: electronics and electronic parts, mineral resources, and the capability to develop its competency in EV technology.
The Philippines also has the EV Association of the Philippines (EVAP) which promotes the everyday use of EVs and has been taking up various partnership programs with different institutions and government agencies.
One of these partnerships with DTI pushed forward the Comprehensive Roadmap on EVs to render 21% EVs of total vehicles on the road by 2030.
These, among others, are also backed by Senator Sherwin Gatchalian’s Senate Bill No. 174 or The Electric Vehicles and Charging Stations Act that will provide fiscal and non-fiscal support EV Incentive Strategy (EVIS) to kickstart the development in the next ten years.
What’s more, there are already a few EVs existed and marketed by manufacturing companies in the country, such as Hyundai, Nissan, Clima Mobility, and BYD. EVs are not that popular yet, but with the ballooning fuel prices, they would become commonplace like jeeps on the road.
But even with the tremendous support for this move will not make EVs immediately a thing in the Philippines. Besides effort and investment, more time is needed to make EVs on the roadside come into a reality.