Poging GOUD - Vrij
Philippine EV adoption may accelerate this year amid rising fuel prices
Business World Philippines
|August 28, 2025
Several electric vehicle
THE Electric Vehicle Association of the Philippines (EVAP) on Wednesday said it expects electric vehicle (EV) adoption in the country to accelerate this year, supported by government policies, volatile fuel prices and an expanding lineup of models.
“We are seeing more Filipinos consider EVs as a practical option, and the ecosystem to support them is growing,” EVAP President Edmund A. Araga told a news briefing in Taguig City, ahead of the 13" Philippine Electric Vehicle Summit (PEVS) in October.
Industry momentum remains strong, he added.
The country’s EV sales are projected to increase by as much as 10% this year from 2024, with units sold in the first seven months already surpassing last year’s total.
“It’s a big difference, and we still have August to December,” Mr. Araga told BusinessWorld. “We're optimistic that we can somehow increase by 10%.”
Dit verhaal komt uit de August 28, 2025-editie van Business World Philippines.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Business World Philippines
Business World Philippines
S&P affirms 'BBB+' rating for Philippines
S&P GLOBAL RATINGS on Thursday affirmed the Philippines' investment grade credit rating with a \"positive\" outlook, noting that its growth prospects remain strong even as the corruption scandal weighs on the economy this year.
3 mins
November 28, 2025
Business World Philippines
Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR
THE BUREAU of Internal Revenue (BIR) has filed tax evasion complaints against two Bulacan-based contractors allegedly involved in “ghost” flood control projects.
1 mins
November 28, 2025
Business World Philippines
PHL, France spotlight co-productions, animation, feminist films as French Film Fest returns for 28th year
ANIMATED and feminist films are being screened until Nov. 30, as part of this year’s French Film Festival which is now in its 28th year.
3 mins
November 28, 2025
Business World Philippines
Business groups call for mandatory lifestyle checks on all gov't officials
SOME TOP business groups on Thursday called for the public submission of statements of assets, liabilities, and net worth (SALN) by all government officials, as well as mandatory lifestyle checks to enforce accountability.
3 mins
November 28, 2025
Business World Philippines
PHL jumps to 75th in talent competitiveness index
THE PHILIPPINES jumped nine spots in an annual ranking of countries' ability to attract and retain talent, according to a report by business school Institut Européen d'Administration des Affaires (INSEAD) and the Portulans Institute.
3 mins
November 28, 2025
Business World Philippines
James picks his spots
The latest meeting between the Lakers and Clippers functioned both as spectacle and as affirmation of the pecking order. The final score in favor of the purple and gold comes off as a whipping on surface, punctuated by scoring bursts from marquee names. At the same time, clarity lies beyond the numbers: Roles, rhythms and resolve have clearly coalesced for the winners and unravelled for the vanquished.
1 mins
November 28, 2025
Business World Philippines
Extended Beatles Anthology takes fans beyond the mythology of the band
A new episode of the Beatles Anthology, 30 years after the original landmark series, shows the impact on Paul McCartney, George Harrison, and Ringo Starr of being in the biggest rock band in history, its writer and director said.
1 min
November 28, 2025
Business World Philippines
Chinese sportswear maker Anta Sports Products exploring bid for Puma
CHINESE sportswear maker Anta Sports Products is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday.
1 min
November 28, 2025
Business World Philippines
Not too scary, but a solid first effort
KMJS' GABI NG LAGIM THE MOVIE
3 mins
November 28, 2025
Business World Philippines
More than half of new articles on the internet are being written by AI – is human writing headed for extinction?
The line between human and machine authorship is blurring, particularly as it’s become increasingly difficult to tell whether something was written by a person or AI.
4 mins
November 28, 2025
Listen
Translate
Change font size

