Philippines Clean Energy Scenario: 50% EV fleet share by 2040
- Yen Roxas
- Nov 6, 2024
- 2 min read
Updated: Nov 10, 2024
The Comprehensive Roadmap for the Electric Vehicle Industry (CREVI) is the Philippines' strategic plan to accelerate the development, commercialization, and adoption of electric vehicles (EVs) nationwide. Mandated by the Electric Vehicle Industry Development Act (EVIDA) or Republic Act No. 11697, enacted on April 15, 2022, CREVI aims to reduce greenhouse gas emissions, enhance energy security, and promote sustainable transportation. doe.gov.ph
Department of Energy
Key Components of CREVI:
Electric Vehicles and Charging Stations: Establishes targets for EV adoption and the deployment of charging infrastructure across the country. The roadmap outlines short-, medium-, and long-term goals to ensure a comprehensive network of charging stations, facilitating the widespread use of EVs.
Manufacturing: Focuses on developing a robust local EV manufacturing industry with strong export potential. This includes supporting the production of EV components and vehicles, thereby creating jobs and stimulating economic growth.
Research and Development: Encourages innovation in EV technologies, including battery research and charging solutions. By fostering R&D, CREVI aims to enhance the competitiveness of the Philippine EV industry on a global scale.
Human Resource Development: Emphasizes the need for training and educational programs to equip the workforce with skills relevant to the EV industry. This ensures a sustainable transition to electric mobility and supports the industry's growth.
Targets and Strategies:
Business-as-Usual (BAU) Scenario: Projects a 10% EV fleet share by 2040.
Clean Energy Scenario (CES): Sets a more ambitious target, aiming for at least a 50% EV fleet share by 2040.
CREVI also addresses challenges such as market development barriers, the need for a supportive policy environment, and the importance of public and private sector collaboration to achieve its objectives.
By implementing CREVI, the Philippines seeks to transition towards a more sustainable and energy-efficient transportation sector, aligning with global efforts to combat climate change and promote environmental sustainability.
