The Philippines plans to have at least 2.5 million electric vehicles (EVs) on its roads by 2040. The target was shared by the Electric Vehicle Association of the Philippines (EVAP) at the recent EV Summit in Pasay City.
As of July 2025, EV registrations reached 29,715 units, surpassing the total for 2024. This figure represents 5% of new vehicle registrations, triple the share recorded two years ago. EVAP projects the number could hit 35,000 by year-end.
The government continues to support the sector through the Electric Vehicle Industry Development Act (EVIDA), which offers incentives such as tax breaks and exemptions from traffic reduction schemes. Officials also highlighted the growing appeal of EVs, citing fuel savings, low maintenance, and improved features.
Infrastructure will remain a key focus. Stakeholders plan to deploy 7,300 EV charging stations nationwide by 2028 and 20,400 by 2040. EVAP said that charging access must keep pace with rising adoption to encourage more Filipinos to switch.
The government is also in talks with a manufacturer interested in building EVs locally, aiming to boost domestic production and support the green economy.
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EV sales in the first nine months of 2025 reached 20,662 units, led by hybrid models. Recently, EVAP has asked the Land Transportation Office to lift its suspension on registering light electric vehicles, such as e-bikes and e-scooters, to sustain momentum.
