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Saturday, June 6, 2020

Filipinos are ready for electric vehicles

Philippine Electric Vehicle Summit
Technological developments in battery and charging, longer travelling distances, government support are pushing the advancement of the next big market in transportation.

The global electric vehicle (EV) market is catching up to Filipinos as Toyota, Nissan, Honda, and other automotive companies are bringing in fresh options for the electric vehicle market.

The Nissan-commissioned study by Frost & Sullivan, titled "Future of Electric Vehicles in Southeast Asia," was released in Singapore at Nissan Futures, a gathering of industry leaders, government officials and media. Consumer research in Singapore, Indonesia, Thailand, Malaysia, Vietnam and the Philippines reveals that 37% of prospective buyers are open to considering an electric vehicle as their next car. Customers in the Philippines, Thailand and Indonesia emerged as the most enthusiastic about electric cars.

 The study "Future of Electric Vehicles in Southeast Asia" was conducted by Frost & Sullivan in January 2018 in six countries: Singapore, Indonesia, Thailand, Malaysia, Vietnam and the Philippines. The findings are based on 1,800 online customer responses and face-to-face discussions.  (Courtesy: Nissan Motor Asia Pacific Co., Ltd.; Frost & Sullivan Corporate Communications, Asia-Pacific)










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