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Sunday, July 6, 2025
Today's Print

Electric vehicle sales topped 10,000 in five months

Sales of electric and hybrid vehicles topped the 10,000 mark in the first five months of 2025, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA).

Sales of electric and hybrid electric vehicles (xEV) reached 10,433 units in the five-month period, marking a strong growth from the near zero sales last year. The segment also accounted for 5.48 percent of total sales during the period.

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Hybrid electric vehicles (HEVs) comprised the majority of xEV sales at 8,536 units, or 81.82 percent of the total. Battery electric vehicles (BEVs) followed with 1,779 units, while plug-in hybrid electric vehicles (PHEVs) contributed 118 units

Meanwhile, total vehicle sales went down by 1.2 percent in May to 39,775 units from 40,271 a year ago. Month-on-month, sales were up by 18.4 percent from April’s 33,580 units.

Total automotive sales in the first five months rose 1.7 percent to 190,429 units from 187,191 a year earlier.

“We are encouraged by the industry’s sustained growth, especially with commercial vehicles driving overall performance. This reaffirms the significant role of the automotive sector in supporting the country’s economic activities,” said CAMPI president Rommel R. Gutierrez.

Commercial vehicle sales rose 10 percent to 151,704 units from 137,944 a year ago, while passenger car sales declined by 21.4 percent to 38,725 from 49,247.

Toyota Motor Philippines Corp. remained the top market player with a 48.13-percent share, followed by Mitsubishi Motors Philippines Corp. (19.23 percent), Nissan Philippines Inc. (5.19 percent), Suzuki Philippines Inc. (4.68 percent) and Ford Group Philippines (4.49 percent).

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