(Manila Bulletin) The shift to various forms of electrified vehicles (xEVs) is rapidly accelerating in the Philippines, with the industry seeing the fastest adoption rates yet since the very first Hybrid Electric Vehicle (HEV) was introduced commercially in the country in 2009.
Toyota Motor Philippines (TMP), whose groundbreaking HEV, the Prius, pioneered the electrification movement, is leading this shift with 95% of xEV users in the Philippines today driving an electrified model from its Toyota and Lexus lines.
Based on the recent official figures from the Chamber of Automotive Manufacturers of the Philippines (CAMPI), as of end of June 2022, there are already 1,013 total xEVs sold in the market, surpassing the 2021 total volume of 843 and 2020’s 378. A total of 962 of the 2022 year-to-date sales are Toyota and Lexus models… Read More