Sales of xEVs more than double, close in on passenger cars in H1

Upgrade to High-Speed Internet for only ₱1499/month!

Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.

Visit Suniway.ph to learn

MANILA, Philippines — While total car sales in the first half fell by 11 percent year-on-year, demand for electrified vehicles (xEVs) more than doubled during the period, industry data showed.

A joint report from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed that they sold a total of 204,557 vehicles in six months, down from 230,912 units sold in the same period last year.

Both passenger car and commercial vehicles sales declined from January to June.

Passenger car sales fell by 11.3 percent year-on-year to 40,503 units from 45,647 units while commercial vehicle sales declined by 11.4 percent on an annual basis to 164,054 units.

On the other hand, total sales of xEVs more than doubled during the six-month period to 31,381 units from 13,488 units a year ago.

Hybrid electric vehicles (HEVs) cornered 54.64 percent of the total.

xEV sales during the reference period. Sales of HEVs rose by 57.5 percent year-on-year to 17,148 units from 10,889 units.

Meanwhile, sales of battery electric vehicles (BEVs) more than tripled to 8,702 units from 2,439 units. Furthermore, sales of plug-in hybrid electric vehicles (PHEVs) surged to 5,531 units from January to June compared to just 160 units sold in the same period last year.

Toyota Motor Philippines Corp. accounted for the biggest share or 49.33 percent of CAMPI and TMA’s total car sales as of end-June.

It was followed by Mitsubishi Motors Philippines Corp. with 17.76 percent, Suzuki Philippines Inc. with 4.53 percent, Ford Motor Co. Philippines Inc. with 3.63 percent and Nissan Philippines Inc. with 3.38 percent.

In June alone, CAMPI and TMA’s combined sales declined by eight percent to 37,231 units from 40,483 units in the same month last year. The groups noted that it was their highest selling month so far this year.

“This June, we saw sales of both ICE (internal combustion engine) vehicles and xEVs rise,” said CAMPI president Jose Maria Atienza.

“Industry sales of gas and diesel cars grew by 10 percent versus May due to more stable fuel prices, while xEVs grew by 49.2 percent, thanks to improving supply level,” Atienza added.