Interest in electric vehicles has been on the rise in recent years. The fluctuating price of fuel, as well as issues of global warming and air pollution are some of the main factors for considering the shift from vehicles with internal-combustion engines to one with electrified propulsion systems, such as hybrid and full-electric power sources.
A 2018 study by Frost & Sullivan, “The Future of Electric Vehicles in Southeast Asia,” showed that 46 percent of Filipino car buyers were already considering purchasing an electric vehicle. Filipinos are actually the most eager to buy EVs among the respondents in Southeast Asia. Just last April, Republic Act No. 11697, or the Electric Vehicle Industry Development Act , was signed into law. It provides for a national policy framework to develop the electric vehicle industry in the Philippines.