The Philippines is set to join the electric vehicle (EV) revolution, with the country's transportation sector shifting towards a more sustainable and eco-friendly mode of transportation. According to a recent report, the government is planning to introduce a new policy that will encourage the adoption of electric vehicles, with a target of having at least 7.7 million EVs on the road by 2040. The move is seen as a major step towards reducing the country's reliance on fossil fuels and mitigating the impacts of climate change. As the country's automotive industry prepares for the transition, local manufacturers and importers are expected to play a crucial role in meeting the growing demand for EVs.
