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Electric vehicles (EVs) and their hybrid counterparts (HEVs) are reshaping the way the world moves. With climate change becoming an increasingly urgent concern, more consumers are turning to cleaner, greener alternatives, and the numbers reflect this shift. According to the Department of Energy, EV sales in the Philippines have been steadily climbing, with figures expected to grow significantly through the rest of 2026.
The appeal of EVs is clear. Powered by electricity rather than fuel, they eliminate the recurring cost of refueling and require less maintenance than conventional vehicles, making them a compelling long-term investment. That said, EVs come with a higher upfront price tag, largely due to lower production volumes and the cost of specialized components. Before making the switch, it’s worth asking yourself a few important questions.
Points to Ponder
1. How often do I travel?
