The country is now eyeing at developing economical lead-acid batteries with optimal performance capacity as a better alternative energy storage to lithium-ion that can eventually be used for electric vehicles.
The Electric Vehicle Association of the Philippines (EVAP) said the Covid-19 pandemic has adversely impacted the local EV industry with the number of registered EVs in the country dropping by 35% to 1,015 units in 2020 from 1,570 units in 2019.
Ford Philippines launched on Friday, Sept. 10, the top-of-the-line Mustang variant -- the new Mustang Shelby GT500 -- marking the official arrival of the world-renowned performance icon to Philippine shores.
Ford Philippines released on Thursday, Sept. 9, the first official glimpse of its next-generation Ranger, which will be revealed later this year and launch in 2022.
The latest available data shows that the transition to EVs from conventional vehicles in the Philippines has been slow so far, with the DOE saying that from 2010 to 2019, only 11,950 EVs were registered -- accounting for a mere 0.09 percent of registered vehicles.
According to a study of state think tank Philippine Institute for Development Studies (PIDS), the global outlook of the EV sector is “very optimistic” given the increasing trend that has been observed in the global fleet for any type of vehicle from 2010 to 2019.
While regular motorsports cars are built from normal road production vehicles, the GR Yaris was built first as a motorsports vehicle then developed as a road vehicle.
