You may have witnessed a handful of launches of the latest electric-powered cars in the Philippines in recent months. But does this really paint a rosy picture of the electric vehicle (EV) industry?
Well, if you ask the Electric Vehicles Association of the Philippines (EVAP), the EV industry is facing several challenges. “It is a fact that the pandemic is making things very hard. It has significantly slowed down the EV industry,” says Edmund Araga, EVAP president, during the virtual opening of the 9th Philippine Electric Vehicle Summit on Thursday.
Based on records, the number of registered EVs in the country last year reached 1,015 units, which are lower by 35% as compared to 2019 (1,570 units) before COVID-19 struck.
Currently, the total number of registered electric vehicles in the country from 2010 to 2020 stood at 12,965 units, which includes e-cars, e-jeepneys, e-trikes, and e-motorcycles, among others.
“But this does not mean EVAP will slow down or raise a white flag. “While things have been seemingly silent in the EV industry amid the new normal, major strides have been happening in the background,” Araga emphasized. What are these?
1) New laws
EVAP is hopeful that Senate Bill No. 1382, or the ‘Electric Vehicle and Charging Stations Act’ and House Bill No. 075, its version in the Lower Chamber, will soon be passed into law to encourage investors to participate in the EV industry.
2) Infrastructure guidelines and policy
The Department of Energy (DOE) has released guidelines on the establishment of charging infrastructures. The policy covers the development, construction, and operations of EV charging stations in different parts of the country.
3) LTO guidelines on EV classification
The Land Transportation Office (LTO) recently issued an administrative order setting the classification, registration, and operations of electric vehicles. This would eventually guide consumers in selecting their preferred EVs, and also local manufacturers in developing strategies to help the industry prosper.
Are you ready to shift to these environment-friendly rides?
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