Director Patrick Aquino of the Department of Energy (DOE) has announced that the electric vehicle (EV) industry in the Philippines is experiencing significant growth. With an increasing number of EVs available in the market and a surge in individual interest, Director Aquino believes that the value proposition of EVs is becoming increasingly evident, especially in light of rising oil prices and growing concerns about air pollution.
Director Aquino made these remarks ahead of the 11th Philippine EV Summit, where industry leaders and stakeholders are set to converge to discuss the future of EVs in the country. He emphasized that this summit will serve as a platform to solidify the development of the EV industry in the Philippines, highlighting the need for collaboration between the public and private sectors.
“The DOE, as the lead agency under EVIDA, will marshal its efforts to ensure the successful implementation of EV initiatives,” Director Aquino stated. “We are committed to driving the growth of the EV industry in the Philippines and providing a cleaner, more sustainable transportation alternative for our citizens.”
One of the key developments highlighted by Director Aquino is the positive news for charging station companies. Under EVIDA (Electric Vehicle Industry Development Act), accredited Electric Vehicle Charging Stations (EVCS) providers with registered EVCS, whose charging fees comply with unbundling requirements, are now permitted to collect charging fees. The DOE has issued guidelines for this initiative, which include a six-month transition period set to expire on December 6, 2023.
Director Aquino further emphasized the DOE’s commitment to supporting the EV industry by issuing an advisory next month to remind all stakeholders of the importance of accreditation, registration, and proper notification of unbundling fees. This effort aims to ensure the smooth and efficient transition to a more sustainable transportation landscape in the Philippines.
As the EV industry continues to gain momentum in the Philippines, Director Patrick Aquino and the DOE are at the forefront of these transformative changes, working collaboratively with the private sector to accelerate and strengthen the country’s EV industry. With the upcoming 11th Philippine EV Summit on the horizon, there is no doubt that the future of electric mobility in the Philippines is bright.
