The electric vehicle (EV) industry needs more battery producers in the absence of a major supplier to meet the growing demand.
Rommel Juan, president of Electric Vehicle Association of the Philippines (EVAP), said there is a growing demand for batteries in the country.
“For deep cycle lead acid batteries, we already have our world-class Motolite batteries which are proudly Philippine-made. Trojan batteries from the USA are also very much active in the Philippines already.
“But for lithium ion batteries which are now increasingly gaining popularity among local electric vehicle players, there is still no major supplier, much more manufacturer, who has come in,” Juan said.
“We badly need a major lithium ion battery provider to set up shop and even do local assembly in the Philippines,” he added.
EVAP members are looking for partners that can further grow the industry and spread the use of electric vehicles.
“We are actively pushing for the adoption of electric vehicles for public transport… such as EVs to replace the smoke-belching jeepneys and the tricycles. We are also the primary group actively pushing for the passing of the Alternative Fuel Vehicle bill into law to provide us with both fiscal and non-fiscal incentives,” Juan said.
The EV industry may reach its full potential if there are more options for batteries in the country, particularly for the superior lithium ion batteries.
“These batteries are the cornerstone of one of the most important EV infrastructure, the battery charging and swapping stations. We need these to make EV fleet operations more viable,” Juan said.
This year, the association said seven foreign EV companies have set up shop in the Philippines to take advantage of the EV market potential.
Among the companies are Hong Kong’s Kyto Green Technologies, Kuwait’s PrimeGreen Power and Technology Inc., Canada’s SunEtrike, Singapore’s Clean Air Transport Solutions (CATS), Japan’s GMS and Prozza Hirose, and BEMAC Motors.
EVs are primarily used in mass transport in Makati, Muntinlupa, Filinvest City Alabang, Las Piñas, De La Salle University, Ateneo University, and University of the Philippines, as well as in the provinces of Cebu, Naga, Palawan, Boracay, Iloilo, and Bacolod.