This is AI generated summarization, which may have errors. For context, always refer to the full article.For the first time in the Philippines, an electric vehicle is being sold via live selling. It's just one of the reasons why the EV car market may soon finally take off here.
It’s this kind of marketing campaign that has made VinFast the best-selling automotive brand in Vietnam after selling over 51,000 EVs this year. Its VF 3 model sold fast via a pre-order campaign considered by marketing analysts to be the Another eye candy similar to VinFast’s VF 3 is Bestune Philippines’ Pony. It claims to be the most affordable mini-EV in the market with a retail price of P588,000. Bestune is a subsidiary brand of China’s First Automotive Works.
The roadmap sets a 50% EV fleet share in the Philippines by 2040. In the short term , the target is to have 2.45 million electric vehicles by 2028. For cars, the targets are 415,000 Hybrid Electric Vehicles , 69,000 Plug-in Hybrid Electric Vehicles , and 69,000 Battery Electric Vehicles .
Carla Buencamino, head of mobility infra of ACMobility, said on Friday, November 22, that while the Philippines’ EV industry is still in its nascent stages, it is growing. ACMobility has partnered with BYD, the global leader in EV, in selling BYD EVs in the Philippines.that ACMobility is committed to setting up more charging stations in the country, which is crucial to getting consumers to adopt EVs.