Currently, there are 28 firms engaged in the manufacturing of various electric vehicles. Complementing these companies are 11 parts and component manufacturers and seven importers. The industry currently provides employment to 14,840 individuals. As the government continues to support the use of electric vehicles, the industry is expected to grow in the coming years.

With sustainable development as one its main thrusts, the Philippine government has been promoting the use of electric vehicles across the country, including as a form of public transportation. Executive Order 488 (s. 2006) was issued to support the manufacturing of e-vehicles, as well as to further reduce the country’s fossil fuel consumption. This issuance reduced the tariff rate for e-vehicle components to zero, thereby allowing e-vehicle manufacturers to import components at a more affordable price.

In Metro Manila, major cities have started to make use of e-vehicles to transport local residents and transient workers. Electric jeeps and electric tricycles are also getting more and more common in the country’s major business districts and urban areas. The establishment of “green cities” is also expected to generate higher demand for e-vehicles for public transportation.

The steady increase in the number of tourist arrivals in the Philippines has led to an increased demand for environmentally sound transport services. Resorts and local government units have started to invest in e-vehicles, such as electric tricycles and electric jeeps, to reduce carbon emission, to preserve the natural beauty of the environment, and to provide transportation to the growing number of tourists. This trend is now gaining momentum due to heightened environmental awareness. E-vehicles can be found in key tourist spots such as Boracay and Palawan.

• Employment
  

  Manufacturing Employment	Number of Employees
  Electric Vehicle Manufacturing	8,600
  Electric Vehicle Parts Manufacturing	5,300
  EV Importers, Dealers and Traders	840
  Auto-Supporting Industries Employment	42,000

• Market Outlook: 38,220 units in 2013 to 69,145 units in 2017
• Domestic Sales in 2013: 214.2 Million
• Potential Impact of replacing regular tricycles with 100,000 e-tricycles: Department of Energy estimates gasoline consumption to be reduced by 561,000 barrels a year or 260,000 tons of carbon dioxide emissions
• Potential impact on tricycle drivers: 30% increase in income due to increased passenger capacity by 50% and 65% cheaper electric charging cost compared to fuel rates