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.
With a price tag of P19,995, the M2 comes with a 350W motor and 7.5Ah high-capacity battery – enabling it to reach speeds of up to 25 km/h and distances around 30km in a single charge.
GR-S, which stands for Gazoo Racing Sport, was developed by Toyota Gazoo Racing which specializes in developing Toyota’s lineup of products built with racing DNA.
The Board of Investments (BOI) has recently approved the application of CHRG Electric Vehicle Technologies Inc. as a new domestic producer of electric vehicles (EV) fast chargers and retrofit kits.
