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President Ferdinand Marcos Jr. of the Philippines has officially inaugurated the country''s first electric vehicle battery factory, hailing it as a significant step towards a cleaner
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MANILA – Electric Vehicle Association of the Philippines (EVAP) president Edmund Araga announced Wednesday that the Philippine Battery Consortium will be launched at the 11th Philippine Electric Vehicle
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Who inaugurated the Philippines' first battery plant for electric vehicles?
On Monday, September 30, 2024, President Ferdinand Marcos of the Philippines inaugurated the country’s first battery plant for electric vehicles. “We have worked very hard and tried to do our best to bring this kind of technology to the Philippines with a clear recognition that this is the future,” said the Philippines’ President Marcos.
Is the Philippines embracing the world of electric vehicles?
The Philippines is embracing the world of electric vehicles. On Monday, September 30, 2024, President Ferdinand Marcos of the Philippines inaugurated the country’s first battery plant for electric vehicles.
Does the Philippines have a working law on EVs?
The Philippines already has a working law on EVs called the Electric Vehicle Industry Development Act (EVIDA), aka Republic Act No. 11697. The Comprehensive Roadmap for the Electric Vehicle Industry (CREVI) was created from the law by the DoE.
How many EVS will the Philippines produce by 2030?
The battery factory is expected to have an annual production capacity of 2 GWh by 2030, enough to power 18,000 EVs or about half a million home battery systems. The Philippines is just starting to embrace clean energy technology like electric vehicles and home battery systems.
Why is the Philippines launching a phosphate battery manufacturing plant?
The President further highlighted the broader implications of this initiative, noting, "As the first manufacturing plant in the Philippines for advanced iron phosphate batteries... it sets the stage for the Philippines to become a player in clean energy storage in our part of the world."
How many EVs are there in the Philippines?
The Philippines has done pretty well in the use and promotion of EVs. As of 2022, the ASEAN Center for Energy lists regional EV count (including hybrid EVs) as about 271,000 units. Based on the report, Thailand leads with 218,000 vehicles, followed by Indonesia’s 25,300. The Philippines comes in third with 14,000.