The push to leverage the country’s rich mineral resources to establish a thriving battery industry for electric vehicles is not merely a business proposition; it’s a strategic move towards national progress and self-reliance. .
The vision extends beyond domestic consumption. The prospect of the Philippines becoming an exporter of EVs and electric tricycles holds immense promise. With the right partnerships and investments, the country has the potential to meet its own requirements while also expanding into neighboring markets, including Pakistan, Bangladesh, Sri Lanka, and India.
The abundant nickel reserves in the country highlight the vast opportunities for exploration and utilization. Places like Surigao, Palawan, Samar, and Zambales hold immense potential for nickel ore exploitation, while other areas like Camarines Norte, Quezon province, and Isabela boast known reserves waiting to be tapped.