Toyota is leading the electrified vehicle market in the Philippines, according to the recent report from Chamber of Automotive Manufacturers of the Philippines (CAMPI).
Based on the recent official figures from the Chamber of Automotive Manufacturers of the Philippines (CAMPI), as of end of June 2022, there are already 1,013 total xEVs sold in the market, surpassing the 2021 total volume of 843 and 2020’s 378.
Out of the 1,013 xEVs, 962 of them are from Toyota and Lexus.
The xEV category includes Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV) and hydrogen-powered Fuel Cell Electric Vehicles (FCEV).
In the Philippines, Toyota and Lexus offer a wide range of HEVs. For Toyota, they have the Corolla Altis, Corolla Cross, Prius, Camry, and RAV 4. On the other hand, Lexus has IS, ES, LS, NX and RX.
TMP President Atsuhiro Okamoto welcomes this development as a good sign that the Philippines will soon be making significant contributions to one of the ultimate global goals of vehicle electrification, which is carbon neutrality or net-zero carbon dioxide emissions in transportation.
“The positive impact of xEVs can only be observed once we achieve widescale adoption of these vehicles,” said Okamoto.
“The exponential growth and the rate of new xEV model introductions in the country are providing Filipino customers more options and easier access to greener technologies. We are optimistic that we can experience the environmental benefits of electrified vehicles with Toyota taking the lead while always ensuring ‘Mobility for All’ where “no one is left behind,” he added.
