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President Ferdinand Marcos Jr. gets on board one of the models of electric vehicle manufacturer Dongfeng Motors Philippines during its launch in Pasig City on October 16, 2023, as former Governor Chavit Singson, of the official distributor Legado Philippines looks on. Marcos wants 50 percent of cars on Philippine roads to be electric vehicles by 2040. KJ Rosales, PPA pool



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Joyce Balancio

ABS-CBN News

MANILA <span id="isPasted" style="color:rgb(0, 0, 0);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">— President Ferdinand Marcos, Jr. on Tuesday directed the Department of Energy (DOE) and other government agencies to fast track the implementation of a roadmap to develop the electric vehicle industry in the country and include them in the public transportation sector.<ul class="op-related-articles"><li> <a href="https://news.abs-cbn.com/business/2024/2/22/electric-vehicle-adoption-faces-challenges-industry-group-1935">READ: Electric vehicle adoption faces challenges: industry group</a></li></ul> He made the remarks during a sectoral meeting with the DOE, Department of Transportation, Department of Trade and Industry, and Department of Science and Technology at the Malacanan Palace.The Presidential Communications Office (PCO) said this would encourage the &quot;electrification of the public transportation sector.&quot; DOE Undersecretary Felix William &quot;Wimpy&quot; Fuentebella said that the President wanted to strengthen the local manufacturing of electric vehicles to support the demand for battery charging, among others.Only 7,000 electric vehicles (EV) out of 14.3 million in the country have been registered.&quot;So nandoon iyong four pillars – the electric vehicle demand generation, the manufacturing side of it, the research and development utilizing our natural resources, and the human resource development,&quot; Fuentebella said.<div><a href="https://news.abs-cbn.com/business/multimedia/photo/10/16/23/marcos-wants-half-of-cars-on-the-road-to-be-evs-by-2040">READ: Marcos wants half of cars on the road to be EVs by 2040</a></div>&quot;Instead of having a 10-percent target by 2040 for the penetration of electric vehicles, we have to go forward and look into a 50-percent target,&quot; he added.Electric vehicles are 20 percent to 50 percent more expensive than conventional vehicles.Fuentebella said that while the &quot;upfront&quot; cost of transition to EV is higher, the maintenance cost is cheaper and the long-term benefits of its use are notable.For instance, transport fare may be lowered since electric vehicles do not rely on the price of petroleum products, he said.&quot;Iyong mas malinis na hangin, tulad noong tinatanong noong iba, ano ba ang ginagawa natin, to address this climate issues that we are facing, which is right now, so that these are one of the steps na puwedeng maka-contribute tayo,&quot; he added.DOE said it was eyeing to penetrate the market through fleet or &quot;group approach.&quot;  For the government, the President wants 10 percent of its vehicles to be electric.&quot;So, sa government, kapag sinabing bumili tayo ng X percent, like for example 10 percent ng fleet should be electric vehicles, we have to just back it up with financing and we have to comply,&quot; he said.  &quot;Mayroon siyang pinasang inter-agency na led by Department of Energy, and nandoon din iyong DBM [Department of Budget and Management] para maayos iyong procurement niya at para mag-comply,&quot; he added. &quot;For the private sector, under the Electric Vehicles Industry Development Act, there are things na dapat sundin ng mga condos, malls that they should put up a certain number of units for charging stations.&quot;Marcos also ordered the &quot;consolidation of financial schemes&quot; for easier acquisition of EV fleets, PCO said.

For the government, the President wants 10 percent of its vehicles to be electric powered.

For the government, the President wants 10 percent of its vehicles to be electric powered.

Marcos wants to include e-vehicles in public transportation sooner

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Marcos wants to include e-vehicles in public transportation sooner

Joyce Balancio,

ABS-CBN News

Published Apr 30, 2024 05:28 PM PHT

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Updated Apr 30, 2024 05:34 PM PHT

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