13th PEVS kicks off tomorrow

MANILA: The 13th edition of the Philippine Electric Vehicle Summit (PEVS) kicks off tomorrow. 

Scheduled to run from October 23 to 25, the country’s premiere destination for all things electric vehicle (EV), will be held at the SMX Convention Center, Mall of Asia Complex, Pasay City. 

It will be staged  under the theme “PH EV Sector Charges Ahead with More Investments to Ignite Long-Term EVolution,” which will highlight the latest developments and investments driving the continued growth of the country’s electric vehicle industry. 

Major e-mobility brands

Attending the 13th PEVS are major electric mobility brands, which include the following: 

• BYD Cars Philippines 
• GAC Philippines 
• Omoda and Jaecoo Philippines 
• United Asia Automotive Group, Incorporated 

Also participating are brands such as Kia and Honda. 

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“After lobbying for the legislations and national policies that initiate and propel the growth of the local EV sector, EVAP (Electric Vehicle Association of the Philippines) recognizes the fact that we remain in a more crucial time,” EVAP President Edmund Araga was quoted as saying. 

“EVs require sufficient and reliable charging infrastructure nationwide. At the same time, we should also get to the forefront of the development of more efficient and accessible battery technologies. Hence, we are supporting national efforts to establish more partnerships with the private sector and potential investors,” he added. 

Further thrusts in sustainable mobility

Event organizers also shared encouraging information regarding the local new-energy vehicle sector. The announcement include the below: 

• Possibility of establishing new local facilities manufacturing EVs and renewable energy equipment
• Expressions of interest from still undisclosed private investors that aim to roll out a combined 4,000 EV charging stations nationwide

Other promising news

Aside from the aforementioned, Mitsubishi Motors Philippines Corporation has made known its intention to infuse an additional P7 billion to heed the government’s push for EVs and renewable energy.

Likewise, the Department of Trade and Industry lobbied the new Electric Vehicle Incentive Strategy, which when approved could generate up to P11.4 trillion in economic outputs and possibly create nearly 700,000 local jobs.

In addition, the Asian Development Bank has agreed to infuse USD100 million (about P5.841 billion) into the local EV sector through a financing arrangement with the Ayala Corporation. 

Finally, Australia's StB GIGA Factory in September 2024 opened the first EV battery facility in the country, located in New Clark City. 

“We at EVAP and the entire EV sector are keeping our commitment to support the government in reciprocation to its unwavering backing. We uphold our pledge to collaborate with all stakeholders and bring Filipinos the reliable, safe, and efficient mobility they deserve. Let's keep on working together to uplift each other. We are here to continue bringing good news amid all the noise surrounding all of us these days,” Araga commented. 

Carmudi Philippines and Zigwheels Philippines (both under Cardekho Southeast Asia) are proud partners of the 13th PEVS. 

Also read: 

PEVS 2024: event summary

BYD Cars PH reveals Seal at PEVS 2024

11th PEVS is ‘Plug-in and Accelerate’

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