Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / Philippines

Parts Makers Plug Electric Vehicle Project

April 2007 | Industry News

The Philippine Electric Vehicle (PEV) Program has received a boost after the Motor Vehicle Parts Manufacturers Association of the Philippines (MVPMAP) pledged its support. The PEV is aiming to develop electric powered mass transport, that will operate within a limited distance. The MVPMAP has its own Philippine Utility Vehicle Program (PhUV), which plans to produce utility vehicles at the same price as imported used vehicles, but with high levels of local content. By combining the two programs, the MVPMAP believes that the level of local content in the PEV models can be increased from 50% to

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