Registered EVs Expected to Reach 35K by End of 2025
Taguig city: A key player in the electric vehicle industry is optimistic about strong growth in registrations by 2025, projecting the number to reach around 35,000. As of July, registrations have already surpassed 29,000 units-an increase from the 24,000 recorded for the entire previous year. According to Philippines News Agency, citing data from the Land Transportation Office (LTO), Edmund Araga, Electric Vehicle Association of the Philippines (EVAP) president, during the pre-event press conference for the 13th Philippine Electric Vehicle Summit in Taguig City, said total registered EVs from January to July this year already hit 29,715. New registrations totaled 28,353,