The Electric Vehicle Association of the Philippines (EVAP), together with the Manila Electric Company (MERALCO) and in partnership with the Department of Energy (DOE) and Nissan Philippines Inc., is hosting the 10th Philippine Electric Vehicle Summit (PEVS) set on October 20 and 21, 2022 at the SMX Convention Center Manila. Among others, expect festivities and launches from participating manufacturers such as Jaguar, Audi, Mitsubishi, Chery, and much more!
EVAP President Edmund Araga, citing the 2022 Global EV Outlook of the International Energy Agency said: “There has been a massive jump in EV adoption worldwide during the past year. Sales of electric vehicles (EVs) doubled in 2021 from the previous year to a new record of 6.6 million. Back in 2012, just 120 000 electric cars were sold worldwide. Nearly 10% of global car sales were electric in 2021, four times the market share in 2019. This brought the total number of electric cars on the world’s roads to about 16.5 million, triple the amount in 2018. Global sales of electric cars have kept rising strongly in 2022, with 2 million sold in the first quarter, up 75% from the same period in 2021.”
“The IEA report stated that the success of EVs is being driven by multiple factors. Sustained policy support is the main pillar. Public spending on subsidies and incentives for EVs nearly doubled in 2021 to nearly USD 30 billion. A growing number of countries have pledged to phase out internal combustion engines or have ambitious vehicle electrification targets for the coming decades. Meanwhile, many carmakers have plans to electrify their fleets that go further than policy targets. Finally, more new EV models were made available in 2021, increasing the attractiveness for consumers.
The number of EV models available on the market is around 450. While the 6.6 million EV Sales in 2021 were led by China(3.3 million), Europe (2.3 million) and the United States (630,000), by contrast,” Mr. Araga added.
Given this global backdrop, Mr. Araga announced that this year’s PEVS will showcase the EV industry’s solidarity in fulfilling the policy objectives of the Electric Vehicle Industry Development Act (EVIDA) or Republic Act No. 11697 which took effect on 11 May 2022 while its implementing rules and regulations took effect on 20 September 2022 following its publication on 5 September 2022. The law seeks to incentivize the rapid adoption of electric vehicles and charging stations in the country as it mandates 5% EV share in corporate and government fleets, dedicated parking slots for EVs, installation of charging stations in parking lots and gasoline stations, green routes in cities and municipalities, as well as fiscal and non-fiscal incentives for EV manufacturing, charging station importation, and EV utilization.
Mr. Araga emphasized on the government’s willingness to introduce fiscal incentives as customers should not pay so much premium for EVs. He said that promoting EV adoption coupled with fiscal incentives in emerging EV markets like the Philippines will give charging infrastructure players the incentive to enter the country, creating a virtuous cycle of EV adoption.
Themed, “United In Driving Electromobility in Support of the Electric Vehicle Industry Development Act (EVIDA) or Republic Act No. 11697,” the country’s biggest annual EV conference and exhibition will mark its first physical staging after two years of the COVID-19 pandemic. The event brings together stakeholders across the EV value chain including policymakers, regulators, academe, consultants, transport companies, power utilities and end-users to engage in policy dialogue as well as long-term collaboration to drive adoption of electric vehicles and deployment of the EV charging infrastructure in the country.
The recently promulgated EVIDA Implementing Rules and Regulations (EVIDA-IRRs) will be presented by the Department of Energy (DOE) during the event together with the other concerned government agencies namely the DILG, DOST, DOTr, DTI, ERC and LTFRB discussing their specific roles in the implementation of EVIDA.
The 10th PEVS will also recognize personalities and institutions for their invaluable contribution to the advancement of electric mobility in the Philippines through the conferment of the E-mobility Awards.