Electric vehicle sales could hit 45% of PH total

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MANILA, Philippines – More electric cars are expected to ply Philippine roads by 2035 as the market is projected to account for around 45 percent of total vehicle sales if the government implements stronger policies to support the sector, according to the International Energy Agency (IEA).

Based on the IEA’s Global Electric Vehicle (EV) Outlook 2026, the country’s tax breaks on imported EVs are projected to provide the needed boost in the near term.

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“Similarly to other Southeast Asian countries, policy support in the Philippines takes the form of excise tax relief and import duty exemptions for electric cars,” the report said.