Philippine EV Sales Set to Hit 20,000 Units as 13th Electric Vehicle Show Showcases Market Momentum - CleanTechnica

The Philippine electric vehicle (EV) market is poised for rapid expansion, with sales projected to reach 20,000 units in 2025, a fivefold increase from 4,000 units in 2024. This surge is largely driven by the government’s extension of zero-tariff policies on EVs and their components until 2028 under the Electric Vehicle Industry Development Act (EVIDA), which eliminates import duties previously ranging from 3 to 40 percent. Chinese manufacturers, particularly BYD, dominate the market, holding about 40 percent of battery EV imports in early 2025 and expected to capture 60 to 70 percent of market growth in the next one to two years. BYD is also accelerating local assembly plans, aiming for 10,000 units annually by 2027 through partnerships such as with ACMobility. A key regulatory change in September 2025 expanded EV classifications from four to six categories, including battery EVs, hybrids, plug-in hybrids