Transport & Logistics

The electric vehicle industry is pushing the government to extend fiscal and non-fiscal incentives through 2040, saying a longer policy runway is needed to drive wider adoption and support the country’s long-term electrification targets.

Toyota Motor Philippines Corp. (TMP) has produced more than 1.2 million vehicles locally in 38 years, building a manufacturing base that is allowing more specialized automotive work, supplier activity, and value creation to take place in the Philippines.

ACMobility is pushing for streamlined local permits to speed up investment in electric vehicle charging infrastructure, saying fragmented requirements across local governments are slowing the deployment of stations needed to support the country’s growing EV market.

Ride-hailing has become a mainstay of daily travel in the capital region, with 74 percent of residents using these apps in the past three months—averaging three times weekly—according to data from mobility platform inDrive.

Toyota Motor Philippines Corp. (TMP) is using the Philippines’ hosting of the 49th ASEAN Summit to showcase Lexus hybrid vehicles while extending a mobility partnership that puts its, premium brand at the center of official transport for visiting leaders.